Land for Sale - 5115 Monroe Avenue, Evansville, IN 47715 - 0.82 acres

ABSOLUTE ONLINE ONLY REAL ESTATE AUCTION 6,494± SQ FT COMMERCIAL BUILDING

5115 Monroe Avenue, Evansville, IN | Lat/Lng:  37.9579, -87.4897

Auction
0.82 ac.
04/30/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Positioned in a stable, high-demand suburban commercial corridor on Evansville's east side, this versatile 6,494± square foot commercial property offers a rare opportunity for adaptive reuse across a wide range of business types. Originally constructed in 1967 with later expansion, the building sits on approximately 0.82 acres and features a functional, open floor plan that lends itself well to retail, office, service, or residential conversion. Its proximity to the Green River Road retail corridor and adjacency to Washington Square Mall provide strong surrounding commercial synergy and consistent traffic drivers, while still offering ease of access and parking convenience. The property's flexible layout and established infrastructure make it particularly well-suited for a variety of uses including boutique retail, professional offices, a child care or learning center, bakery or catering operation, or redevelopment into multi-family or mixed-use space. With a solid history as a long-standing local establishment, the site benefits from strong community familiarity and a layout designed for customer flow, back-of-house functionality, and adaptable interior reconfiguration. Surrounded by a dense residential base and complementary commercial uses, the location offers both neighborhood accessibility and regional connectivity via nearby Interstate 69 and major thoroughfares. As the area continues to experience stable growth and infill redevelopment, this property presents an excellent opportunity for an owner-user or investor seeking a well-located asset with significant upside through repositioning or redevelopment. Property Highlights 6,494± SF commercial building with flexible, open floor plan 0.82-acre site with on-site parking Zoned commercial (C-2) Potential Uses, including: Casual Restaurant Retail / boutique storefront Professional or medical office Child care / education center Bakery or catering kitchen Multi-family or mixed-use redevelopment Established location with long-standing community presence Adjacent to Washington Square Mall and near major retail corridor Convenient access to Interstate 69 and key arterial roads Surrounded by dense residential neighborhoods supporting local demand Functional building design supports adaptive reuse and reconfiguration Stable market area with continued infill development and retail demand Opportunity for value-add repositioning or redevelopment AUCTION DATE AND TIME: THURSDAY, MAY 14, 12:00 NOON (CT) AUCTION LOCATION: This auction will be conducted online only from our Auction Offices. INSPECTIONS: MAY 7, 12-1PM (CT) and MAY 13, 12-1PM (CT) ADDRESS: 5115 Monroe Ave, Evansville, IN 47715 OWNER: SOLD BY ORDER OF THE COURT All announcements the day of the auction take precedence over printed material or any other oral statements made. Open House MAY 7, 12-1PM MAY 13, 12-1 PM

Details

CountyVanderburgh
Zipcode47715
BrokerageWilliam Wilson Auction Realty, Inc
Brokerage Linkwww.wilsonauctions.com
Land Listing Agent Photo
Andrew Wilson
William Wilson Auction Realty, Inc
(812) 682-4000
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