Position your portfolio for growth with this premier lot in downtown Evansville, Indiana. Located at 428 NW 3rd Street, this property represents a rare chance to secure a piece of real estate in the heart of a thriving and revitalized urban center.
Why Invest in This Property?
Prime Location: Situated in Evansvilles bustling downtown district, this lot offers unparalleled proximity to major attractions, businesses, and amenities, ensuring consistent demand for whatever development you choose.
Flexible Development Potential: An ideal location for commercial space(s) that capitalize on the growing downtown market.
High Traffic & Visibility: The property is strategically located on a well-traveled street with steady pedestrian and vehicular activitykey factors for driving value in retail, hospitality, or residential developments.
Zone as General Commercial (C-4) District
Market Highlights:
Downtown Evansville is experiencing a surge of growth and investment, making now the perfect time to stake your claim in this rapidly developing area.
Economic Development: Recent and ongoing revitalization projects have injected significant momentum into downtown Evansville, attracting businesses, residents, and tourists.
Proximity to Key Assets: The lot is located near high-demand attractions like the Ford Center, Tropicana Evansville, and the Old National Events Plaza, offering unique advantages for businesses or tenants seeking connectivity and convenience.
Strong Demand for Urban Living: As urbanization trends continue, the demand for downtown housing and amenities in Evansville is on the rise, presenting opportunities for residential or mixed-use developers.
Tax Incentives and Support: Investors may benefit from local and state incentives aimed at encouraging development in the downtown area, boosting profitability.
Investment Advantages:
Proven Growth Trajectory: Downtown Evansville has demonstrated steady economic and cultural revitalization, ensuring long-term value for your investment.
Versatility for Development: The lots size and zoning offer the flexibility to create high-return projects tailored to market demand.
High ROI Potential: Whether developed for retail, office, or residential purposes, this property is primed for maximum returns in a market with increasing demand and limited supply.
Seize the Opportunity:
In real estate, timing is everythingand now is the time to invest in downtown Evansville. With its ideal location, promising market conditions, and strategic growth potential, 428 NW 3rd St offers the foundation for a project that will yield significant returns for years to come.
Dont miss outsecure this rare investment opportunity today! Contact us to discuss this propertys potential and explore how it can align with your financial goals.
