1300 Willow St

Vacant Land for Sale
Catylist Listing ID: 30579183
Property Subtypes: Retail, Other
Gross Land Area: 0.78 Acres
Sale Price: $249,000
Unit Price: $319,230 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2020

Overview / Comments

0.78 Acres of prime development property only 3 minutes from Highway 41 and 5 minutes from the heart of Downtown Vincennes, IN. Tract 1 is the last remaining parcel on the development with Gilbert’s Restaurant and Pub and Town Place Suites by Marriott. All utilities are currently in place and the site is ready for a new idea to work in harmony with other surrounding businesses.
The most recent traffic study completed for Willow St shows 11,751 vehicles per day pass the intersection at 15th and Willow St.
Additionally, the property is in the Vincennes Urban Enterprise Zone, which makes the property eligible for potential tax incentives or abatements with approved projects.
Seller to approve all land use prior to sale and will require Buyer submit all architectural plans for approval. Seller is not willing to sell for hotel development.

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Additional Details

Nearest MSA: Vincennes
County: Knox
Tax ID/APN: 42-12-28-312-001.000-022
Zoning: C-3
Airports: Evansville Regional Airport

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,867 17,600 25,324
Median Age: 39.42 36.72 38.47
Households: 2,665 6,893 9,965
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