121 Walnut St, Evansville, IN 47708

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121 Walnut St, Evansville, IN 47708

Downtown Evansville - Redevelopment Opportunity / #2348: 121 Walnut St, Evansville, IN 47708

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For Sale

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For Sale

This property is available for sale

0.94

Acres

Negotiable

Sale Price

Sale Status
active
Year Built
1949

Overview
❖ Currently occupied by The Gathering Church of Evansville - Includes
Church/School (39,834 SF) and Clergy House (1,218 SF - finished)

❖ Strategically located on a signalized intersection at the corner of SE 2nd
St/Walnut St

❖ Well-maintained facility for user or ideal for redevelopment

❖ Adjacent to $18MM 139-room Hyatt Place Hotel being developed, slated to be
operating in 2020, and a couple of blocks away is the development of
The Mediterranean, a 70-room boutique hotel on the Riverfront

❖ ± $200MM of recent development in the Evansville downtown area (CBD)

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Property Details

Downtown Evansville - Redevelopment Opportunity / #2348

❖ Currently occupied by The Gathering Church of Evansville - Includes
Church/School (39,834 SF) and Clergy House (1,218 SF - finished)

❖ Strategically located on a signalized intersection at the corner of SE 2nd
St/Walnut St

❖ Well-maintained facility for user or ideal for redevelopment

❖ Adjacent to $18MM 139-room Hyatt Place Hotel being developed, slated to be
operating in 2020, and a couple of blocks away is the development of
The Mediterranean, a 70-room boutique hotel on the Riverfront

❖ ± $200MM of recent development in the Evansville downtown area (CBD)