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.

318 Main Street
Cowork Evansville
318 Main Street #400, Evansville, IN
Services

Open Workspace

Meeting Room
Amenities

Coffee lounge

High-speed wifi

Mail services

Printer

Privacy booths
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100 North Main Street
The Foundry on Main
100 North Main Street, Evansville, IN
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Catering

Cleaning services

Complimentary coffee & tea

Free water

High-speed internet

High-speed wifi

Mail services

Office furniture

Office supplies

Outdoor areas
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815 John Street
US Incubator
815 John Street, Evansville, IN
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

High-speed internet

High-speed wifi

Printer

Utilities included
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400-632 E. Diamond Ave.

400-632 E. Diamond Ave., Evansville, IN
Property

Retail

142,629 SF
Availability

4 Spaces

57,018 SF
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
HealthSouth Deaconess Rehabilitation Hospital

4100 Covert Ave, Evansville, IN
Property

Office

77,440 SF
Year Built

1989
For Sale Contact for pricing
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1020 Professional Blvd

1020 Professional Blvd, Evansville, IN
Property

Office

28,974 SF
Year Built

1996
For Sale Contact for pricing
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Evansville Morgan Avenue Shopping Center

2300 E Morgan Ave, Evansville, IN
Property

Retail

162,394 SF
Availability

1 Space

2,550 SF
Year Built

1965
For Lease Contact for pricing
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Highway 41 Land Lease Opportunity

1301 Covert Avenue, Evansville, IN
Property

VacantLand
Availability

1 Space

32,670 SF
For Lease

$1,200.00/MO
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Eagle Plaza Shopping Center

5435 Pearl Dr, Evansville, IN
Property

Retail

24,854 SF
Availability

2 Spaces

3,512 SF
Year Built

2000
For Lease

$15.00 - $16.00/SF/YR
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Charlestown Square on the Lake

434 Citadel Cir, Evansville, IN
Property

VacantLand
For Sale

$1,229,649
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2800 N Saint Joseph Avenue

2800 N Saint Joseph Avenue, Evansville, IN
Property

Retail

25,000 SF
Availability

2 Spaces

25,000 SF
For Lease Contact for pricing
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1011 Cross Pointe Place

1011 CROSS POINTE PLACE, Evansville, IN
Property

Retail

14,933 SF
For Sale

$5,482,700
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Eastland Pointe

500 N. Green River Road, Evansville, IN
Property

Retail

8,721 SF
Availability

1 Space
For Lease Contact for pricing
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Castle Creek

19820 Castle Creek Drive, Evansville, IN
Property

Retail

1 SF
Availability

6 Spaces

502,680 SF
For Lease Contact for pricing
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Cross Pointe

380 N. Cross Pointe Boulevard, Evansville, IN
Property

Retail
Availability

5 Spaces

292,285 SF
For Lease Contact for pricing
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1625 St George Rd

1625 St George Rd, Evansville, IN
Property

Industrial

205,982 SF
Availability

3 Spaces

72,852 SF
Year Built

1943
For Lease Contact for pricing
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The Village at The Promenade | Multi-Tenant Shopping Center | Marshalls & Dollar Tree

1001 Hirschland Rd, Evansville, IN
Property

Retail

35,000 SF
Year Built

2021
For Sale

$8,384,000
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HealthSouth Deaconess Rehabilitation Hospital

4100 Covert Ave, Evansville, IN
Property

Office

77,440 SF
Availability

1 Space

77,000 SF
Year Built

1989
For Lease Contact for pricing
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Jenah Plaza

825 W Royal Lane, Irving, TX
Property

Retail

30,000 SF
Availability

4 Spaces

7,148 SF
For Lease Contact for pricing
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Red Bank Commons

222 S Red Bank Road, Evansville, IN
Property

Retail

5,000 SF
Availability

1 Space

5,000 SF
For Lease Contact for pricing
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2800 N Saint Joseph Avenue

2800 N Saint Joseph Avenue, Evansville, IN
Property

VacantLand

3.04 Acre
Availability

2 Spaces

3.04 Acre
For Lease Contact for pricing
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1020 Professional Blvd

1020 Professional Blvd, Evansville, IN
Property

Office

28,974 SF
Availability

1 Space

28,974 SF
Year Built

1995
For Lease Contact for pricing
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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 2,046,845 square feet. The market offers 16 active office listing(s), which amount to 166,477 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 1,253,329 square feet across 28 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	16	166,477
Retail	28	1,253,329
Industrial	5	362,631
Other	3	264,408

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

318 Main Street

100 North Main Street

815 John Street

400-632 E. Diamond Ave.

HealthSouth Deaconess Rehabilitation Hospital

1020 Professional Blvd

Evansville Morgan Avenue Shopping Center

Highway 41 Land Lease Opportunity

Eagle Plaza Shopping Center

Charlestown Square on the Lake

2800 N Saint Joseph Avenue

1011 Cross Pointe Place

Eastland Pointe

Castle Creek

Cross Pointe

1625 St George Rd

The Village at The Promenade | Multi-Tenant Shopping Center | Marshalls & Dollar Tree

HealthSouth Deaconess Rehabilitation Hospital

Jenah Plaza

Red Bank Commons

2800 N Saint Joseph Avenue

1020 Professional Blvd

Frequently Asked Questions

Evansville, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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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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About us