318 320 322 E Cherry St Evansville, IN 47713
Estimated payment $437/month
About This Lot
Fantastic opportunity with exceptional visibility in the near-downtown area at the corner of S Governor and E Cherry! These three adjoining lots are being sold together as a package. 322 E Cherry is zoned C-4 Commercial, while 320 and 318 E Cherry are zoned R-5 Residential. The new owner may request a zoning change for the R-5 parcels or keep them as residential—offering flexibility for a variety of development options. The combined frontage along E Cherry Street is 99 feet, with a depth of 144 feet along S Governor, per the Vanderburgh County Assessor. The surrounding area features a mix of various types of residential properties, commercial, and institutional uses, making this an appealing location for numerous potential projects. Additionally, the soil at the rear of the property has already been remediated by the EPA in early 2025, and documentation has been provided in the Seller’s Disclosure.
Property Details
Property Type
- Land
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 99x144
- Finished Lot(s)
- Subdivision Possible
Parking
- Driveway
- On-Street Parking
Schools
- Tekoppel Elementary School
- Helfrich Middle School
- Francis Joseph Reitz High School
Community Details
- Dalzell Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 82-06-29-021-043.015-029
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $69,900 | -- | -- |
Source: Indiana Regional MLS
MLS Number: 202548760
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