1320 SE 2nd St, Evansville, IN 47713

Commercial property for lease

  • Description
  • BACK ON MARKET - PRICE REDUCED. Formerly known as the Rathbone Retirement Community, owners are ceased assisted living operations as of September 1st and offer the property for sale ready for apartment conversion. The building itself contains 58 units on 2 stories in the original section constructed in 1869 and a large addition completed in 1985. The units are a mix of studio, one and two bedrooms each with individual kitchen and baths. Each unit is separately metered and has their own package HVAC making it ready to rent as standard apartments or senior housing. The grounds are meticulously landscaped and the site has several large mature hardwood trees that shade the building and grounds and provide a very attractive appearance. The Rathbone property includes many common amenities including a full commercial kitchen and dining room, laundry room, library, recreation room, and a hair salon. The property has a large basement and attic that along with the common areas and rear courtyard could be areas for future expansion. The property is offered with all FF&E including lawn care equipment and commercial kitchen. Building price details: $1,900,000.
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 54
    Parking Type: Surface
  • Contact info
  • Scott Edmond CCIM
    SVN | The Martin Group
  • Note
  • Details Info about this row that located on 1320 SE 2nd St, Evansville, IN 47713 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Building Name: The Rathbone
    Property Type: Commercial (Other)
    Status: Available
    Lot Size: 2.700 Acres
    Number of Stories: 2
    Year Built: 1869
    Year Renovated: 2014
    Submarket: Low-Rise/Garden, Mid-Rise
    MSA: Evansville
    Zoning: R-3
    Buildings: 1
    Construction: Brick
    Terms: Cash to Seller, Purchase Money Mortgage
    Added: 12/21/2017
    Last Update: 05/21/2018

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