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221 NW 5th St
Evansville, IN 47708

Jackson Kelly Attorneys at Law, PLLC · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
32,270 SF
Building Class
B
Year Built/Renovated
1909/1994
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
16,135 SF
Slab To Slab
12’
Building FAR
0.71
Lot Size
1.04 AC
Zoning
C-3 & C-4 C.B.D.
Parking
75 Spaces (2.32 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signage
  • Central Heating
  • High Ceilings
  • Natural Light
  • Partitioned Offices
  • Reception
  • Secure Storage
  • Wi-Fi
  • Air Conditioning
  • Balcony

About 221 NW 5th St , Evansville, IN 47708

Single (credit) Tenant, Net Leased, Class A Office Asset. Located in a Qualified Opportunity Zone and Central Business District. 32,271 SF stand alone, single tenant building, 100% occupied. Property was originally constructed in 1909 and completely renovated in 1994. Buildings effective age is 20 years old with a remaining economic life of 30 years, in its current condition. The building's ceiling height ranges from 8'-12', Foundation/Floor is 12", steel reinforced concrete footings, with concrete slab. Roof is a rubber membrane Firestone roof. Roof covering replaced in 2005, having a 15 yr. warranty. The property serves as Jackson Kelly's only Indiana office, which is one of the tenants eleven offices in the US. The subject property is comprised of a two story 32,271 SF building with 1.04 acres. The property is located in the heart of Evansville, Indiana’s central business district. Evansville is Indiana's third largest city with a MSA population over 350,000. Over $169,000,000 of new development has taken place under half a mile of the subject property within the past 5 years. Property is located within a Qualified Opportunity Zone. (Census Tract : 18163001800)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-30-020-035.003-029
Land Assessment
$410,000
Improvements Assessment
$727,846
Total Assessment
$1,137,846
  • Listing ID: 15506530

  • Date on Market: 2019-03-21

  • Last Updated:

  • Address: 221 NW 5th St, Evansville, IN 47708

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