Evansville, IN Commercial Real Estate for Lease and Sale

Explore 74 listings of Evansville commercial real estate to find the best space for your business.

Schnucks Darmstadt Crossings

600 E Boonville New Harmony Rd , Evansville, IN
Property

Retail

73,476 SF
Availability

2 Spaces

74,676 SF
Year Built

2015
For Lease Contact for pricing
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3318 Kratzville Road

3318 Kratzville Road, Evansville, IN
Property

Industrial

16,744 SF
For Sale

$850,000
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Former Cheeseburger In Paradise

8301 Eagle Lake Dr., Evansville, IN
Property

Retail

6,365 SF
Year Built

2006
For Sale

$1,399,000
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Two Last Mile Crossdock in Evansville, IN

2780 Kratzville Rd & 1416 Meyer Ave, Evansville, IN
Property

Industrial
Availability

1 Space

8,150 SF
For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
Downtown Evansville Office Space For Sale or Lease

600 SE 8th St, Evansville, IN
Property

Office

5,412 SF
Availability

3 Spaces

10,824 SF
Year Built

1987
For Lease

$10.50/SF/YR
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1223 Hirschland Rd

1223 Hirschland Rd, Evansville, IN
Property

Retail

12,316 SF
Availability

5 Spaces

12,300 SF
Year Built

2023
For Lease

$17.50 - $20.00/SF/YR
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2626 Kotter

2626 Kotter Ave., Evansville, IN
Property

Industrial

20,230 SF
Availability

4 Spaces

41,829 SF
For Lease

$7.25/SF/YR
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6,279 SF of Burkhardt Frontage For Sale

901 Tutor Ln, Evansville, IN
Property

Retail

6,279 SF
Year Built

1999
For Sale

$895,000
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Burkhardt Center

1122 Hirschland Rd., Evansville, IN
Property

Retail

9,190 SF
Availability

1 Space

1,250 SF
Year Built

2020
For Lease

$15.00 - $17.00/SF/YR
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7300 E Columbia St

7300 East Columbia Street, Evansville, IN
Property

Office

7,100 SF
Availability

3 Spaces

4,050 SF
Year Built

2022
For Lease

$18.00/SF/YR
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2000 Covert Ave.

2000 Covert Ave., Evansville, IN
Property

Retail

7,028 SF
Availability

2 Spaces

7,028 SF
For Lease Contact for pricing
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Former Cheeseburger In Paradise

8301 Eagle Lake Dr., Evansville, IN
Property

Retail

6,365 SF
Availability

1 Space

6,365 SF
Year Built

2006
For Lease

$19.00/SF/YR
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HK Eagle Plaza

5625 Pearl Dr, Evansville, IN
Property

Retail

24,124 SF
Availability

2 Spaces

5,917 SF
Year Built

2001
For Lease

$13.00 - $18.75/SF/YR
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313 Main St

313 Main St, Evansville, IN
Property

Retail

21,888 SF
Availability

3 Spaces

18,696 SF
Year Built

1899
For Lease

$12.00 - $18.00/SF/YR
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Fifth Third Center

20 NW Third Street, Evansville, IN
Property

Office

178,000 SF
Availability

5 Spaces

15,398 SF
Year Built

1981
For Lease

$16.50 - $18.50/SF/YR
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824 N Royal Ave

824 N Royal Ave, Evansville, IN
Property

VacantLand
For Sale

$99,900
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Forty-One Building

2425 Highway 41 North, Evansville, IN
Property

Office

37,287 SF
Availability

7 Spaces

7,255 SF
Year Built

1977
For Lease

$8.00 - $11.19/SF/YR
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944 N Burkhardt Rd

944 N Burkhardt Rd, Evansville, IN
Property

Retail

6,612 SF
Availability

1 Space

6,612 SF
For Lease

$18.00/SF/YR
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1250 Diamond Ave & 2400 Hwy 41

1250 E Diamond Ave, Evansville, IN
Property

Industrial

25,801 SF
Year Built

1948
For Sale

$825,000
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Plaza East

49 North Green River Road, Evansville, IN
Property

Retail

192,377 SF
Availability

1 Space

16,361 SF
For Lease Contact for pricing
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Louis Pointe Shopping Center

6432 - 6434 E. Florida St, Evansville, IN
Property

Retail

26,000 SF
Availability

5 Spaces

9,446 SF
Year Built

2023
For Lease Contact for pricing
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Downtown Evansville Office Space For Sale or Lease

600 SE 8th St, Evansville, IN
Property

Office

5,412 SF
Year Built

1987
For Sale

$550,000
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Two Last Mile Crossdock in Evansville, IN

2780 Kratzville Rd & 1416 Meyer Ave, Evansville, IN
Property

Industrial

8,150 SF
For Sale Contact for pricing
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2333 Washington Avenue

2331 Washington Avenue, Evansville, IN
Property

Office

2,078 SF
Year Built

1940
For Sale

$300,000
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2301 Saint George Road

2301 Saint George Road, Evansville, IN
Property

Industrial

230,000 SF
Availability

1 Space

230,000 SF
For Lease

$5.15/SF/YR
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Easton Plaza

1414 Hirschland Rd., Evansville, IN
Property

Retail

9,600 SF
Availability

1 Space

2,850 SF
Year Built

2020
For Lease Contact for pricing
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Metro Shoppes

5700 East Virginia Street, Evansville, IN
Property

Retail

40,000 SF
Availability

4 Spaces

12,000 SF
Year Built

2005
For Lease

$12.00/SF/YR
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IN-57

IN-57, Evansville, IN
Property

VacantLand
For Sale

$450,000
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312 NW MLK Jr. Blvd

312 NW Martin Luther King Jr Blvd, Evansville, IN
Property

Office

18,194 SF
Availability

12 Spaces

11,268 SF
Year Built

1957
For Lease

$6.00 - $10.00/SF/YR
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4019 N Green River Rd

4019 N Green River Rd, Evansville, IN
Property

VacantLand
For Sale

$525,000
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C-4 Zoned Land Near I-69

8349 Stahl Drive, Evansville, IN
Property

VacantLand
For Sale

$299,000
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S. Green River & Pollack

4900 Pollack Avenue, Evansville, IN
Property

Retail

1,200 SF
Availability

12 Spaces

136,200 SF
Year Built

2006
For Lease

$7.50 - $8.00/SF/YR
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921 Park St.

921 Park Street, Evansville, IN
Property

Industrial

17,200 SF
For Sale

$516,000
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Hwy 41 & Covert Retail Opportunity

1321 Covert Avenue, Evansville, IN
Property

Retail

4,998 SF
Availability

1 Space

4,998 SF
Year Built

1954
For Lease

$7.50/SF/YR
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Shepherd Plaza

2018 Maxwell Avenue, Evansville, IN
Property

Retail

9,760 SF
Availability

1 Space

3,465 SF
Year Built

2004
For Lease

$6.00/SF/YR
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Executive Park East

101 N Plaza East Blvd, Evansville, IN
Property

Office

59,239 SF
Availability

1 Space

2,452 SF
Year Built

1968
For Lease

$14.00/SF/YR
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1100 Cross Pointe Pl

1100 Cross Pointe Pl, Evansville, IN
Property

Retail

9,950 SF
Availability

4 Spaces

9,900 SF
Year Built

2023
For Lease

$19.00 - $25.00/SF/YR
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Eastland Mall

800 North Green River Road, Evansville, IN
Property

Retail

851,132 SF
Availability

7 Spaces

18,268 SF
Year Built

1981
For Lease Contact for pricing
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921 Park St.

921 Park Street, Evansville, IN
Property

Industrial

17,200 SF
Availability

1 Space

9,800 SF
For Lease

$5.50 - $6.00/SF/YR
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The Hub on Kotter

2626 Kotter Ave, Evansville, IN
Property

Office

20,070 SF
Availability

7 Spaces

1,044 SF
For Lease

$270.00 - $600.00/MO
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2225 N Cullen Ave

2225 N Cullen Ave, Evansville, IN
Property

Office

1,500 SF
Availability

1 Space

1,500 SF
Year Built

1989
For Lease

$9.00/SF/YR
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Lamasco Bar & Grill

1331 W Franklin St, Evansville, IN
Property

Retail

6,228 SF
Year Built

1919
For Sale

$550,000
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7501 Marco Dr

7501 Marco Dr, Evansville, IN
Property

VacantLand
For Sale

$529,400
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Burkhardt Road Frontage Available

945 N Burkhardt Rd, Evansville, IN
Property

Retail

3,570 SF
Availability

1 Space

3,570 SF
For Lease

$27.00/SF/YR
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Land Opportunity

1012 E Virginia, Evansville, IN
Property

VacantLand
For Sale

$90,000
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Village Green Shopping Center

4901 Pollack Ave, Evansville, IN
Property

Retail

26,729 SF
Availability

2 Spaces

20,524 SF
For Lease

$5.25 - $7.00/SF/YR
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Alexandria Commons

401 N Green River Rd, Evansville, IN
Property

Retail

5,050 SF
Availability

1 Space

2,500 SF
For Lease

$27.00/SF/YR
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344 S Red Bank Road

344 S Red Bank Rd, Evansville, IN
Property

VacantLand
For Sale

$250,000
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Hwy 41 Grocery Outparcel

630 Boonville New Harmony Rd, Evansville, IN
Property

VacantLand
For Sale

$230,000
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Vogel Business Park

5401 Vogel Rd, Evansville, IN
Property

Office

45,122 SF
Availability

1 Space

4,069 SF
Year Built

1998
For Lease

$11.00/SF/YR
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Shepherd Plaza

2018 Maxwell Avenue, Evansville, IN
Property

Retail

9,760 SF
Year Built

2004
For Sale

$660,000
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318 Main Street
Innovation Pointe
318 Main Street, Evansville, IN
Services

Open Workspace

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Kitchen

Mail services

Parking

Printer

Receptionist/Secretarial services

TV/Monitor

White boards
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Evansville commercial real estate market incorporates 600,725 square feet of office space across 20 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Evansville commercial real estate market includes 1,695,453 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Evansville market, there is a total of 533,157 square feet of industrial property.

The listing inventory in Evansville incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Evansville is represented by Retail space, which accounts for 1,253,329 square feet of available listings. Industrial space available in Evansville adds up to 362,631 square feet.

Meanwhile, most of the listings of commercial property for sale in Evansville are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Evansville is $11.62 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Evansville can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Evansville, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $20 per square foot. In particular, the property type commanding the highest lease rates in Evansville was Retail space.

The average size of a commercial property in Evansville depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Evansville, the average size of an office property is 37,546 square feet.
Retail properties here incorporate an average of 52,983 square feet.
Industrial space in Evansville is in buildings that are, on average 76,166 square feet in size.

Evansville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Evansville currently add up to 1,960,076 square feet. The market offers 15 active office listing(s), which amount to 164,234 square feet and account for 28% of commercial spaces on the market. Local retail availability includes 1,268,119 square feet across 30 retail space(s). Industrial space for rent opportunities in Evansville amount to 362,631 square feet across a total of 5 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	15	164,234
Retail	30	1,268,119
Industrial	5	362,631
Other	2	165,092

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Evansville, IN. Currently, there is 295,364 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 7 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	113,904
Retail	7	113,565
Industrial	4	67,895

Evansville, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Evansville, IN?

What factors affect the price of commercial real estate in Evansville, IN?

What is the average rent for commercial space in Evansville, IN?

What are the best areas for commercial real estate in Evansville, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Evansville, IN?

Evansville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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