1430 W Franklin St

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1430 W Franklin St

Evansville, IN 47710
Asking Price
$1.40M
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This retail restaurant property measures 21,399 square feet.
  • The building is currently listed for $1,395,000.
  • The asset is located on W Franklin St in Evansville.
  • This site is positioned in a central Indiana commercial corridor.
  • Large square footage supports diverse retail and hospitality uses.

What's Special

Priced at $1,395,000, this 21,399 square foot restaurant property at 1430 W Franklin St serves the Evansville market. Situated within a key commercial corridor, the site benefits from established connectivity and access to local infrastructure. The layout is well-suited for high-volume retail or food service operations, providing ample square footage for dining, kitchen facilities, or adaptive commercial reuse. The surrounding area remains a vital part of the regional economy, supported by consistent traffic patterns throughout this part of Indiana. Investors and operators looking to establish a footprint in the local business landscape will find the scale of this building offers significant utility for various commercial ventures. Whether repurposed for large-format retail or maintained as a hospitality venue, the location provides a recognizable address for business activities in a growing Midwestern hub.

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NOI
$80,000
Cap Rate
5.73%
DSCR
0.97
Underwater
Cash-on-Cash
-0.67%
Monthly Payment
$6,901.699
Annual Cash Flow
$-2,820.386

Location & Travel Times