About
About 329 on Main
Click Here to Visit the Auction Website
Tour Dates: January 12th and January 26th
Lender Owned Property Being Sold at Auction
329 on Main is being offered for sale for the lender who foreclosed on the property. The ability to purchase a distressed property directly from the lender has become rare in today’s market and offers the ability to purchase a low basis.
Additional Lender Owned Properties Available
329 on Main can be purchased with 3 additional nearby assets, however, a portfolio purchase is not required. The Court Building, (80k sf office building) Fendrich Plaza (33k sf single tenant office building) and The Hulman Building (95k sf office building) are also being offered by the lender in the same auction and were previously owned by one group.
Fully Renovated, Historic Property
Formerly known as "The Hilliard Lyons Building," in downtown Evansville, 329 on Main is also listed on the National Register of Historic Places. Units have been fully renovated with modern cabinetry, granite counters, stainless steel appliances, luxury flooring, tile backsplash and tub surround, lighting, fixtures and more.
Growing Downtown Evansville Location
329 on Main is ideally situated within Evansville's vibrant, growing downtown area. With employment, entertainment, shopping and dining all within walking distance, residents benefit from the full "live-work-play" experience.
Upside with Vacant Retail Space
The building has a 4,385 square foot vacant space in the basement—a former speakeasy bar. The opportunity exists to increase revenue by converting this space into an amenity center for resident use or leasing it to a new commercial tenant.