Charlestown Square on the Lake

434 Citadel Cir, Evansville, IN 47715

  • For Sale $1,229,649
  • Property Type VacantLand
  • Lot Size 17.88 Acre
  • Date Updated Apr 22, 2024
North East corner of I-69 SR-66 interchange just inside Vanderburgh County on the border with Warrick County. This area is one of the faster growing commercial corridors in the region with healthcare, multifamily and retail being major users.This property presents a fantastic development opportunity for multifamily, light industrial or office development. Consisting of 11 platted lots in the Charlestown Square on the Lake, this property offers 9.41 AC of dry land, and 17.88 AC including the lake acreage. Boasting versatile C-4 zoning, this prime real estate presents a wealth of investment opportunities, including the potential for high-demand multifamily development in a growing market. The property's scenic lake views provide an idyllic setting for upscale development, while its proximity to essential amenities ensures tenant convenience. The majority of the land surrounding the adjoining lake is occupied by Lakeshore Apartment Homes, a Class A property built in 2004. Nearby land is developed with a mix of offices, light industrial, hospitality, and medical users. Deaconess Gateway Hospital and St Vincent Epworth Crossing have major campuses nearby. This area has been a hotbed of development activity thanks to the Warrick Trail TIFF district allowing financial incentives for developers of medical projects.

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Attachments

Highlights

  • Versatile C-4 zoning for diverse investment opportunities
  • Scenic lake views offering potential for upscale development
  • Proximity to essential amenities for tenant convenience
  • Potential for high-demand multifamily investment in growing market
  • Favorable location within Evansville IN / Henderson KY MSA
  • Ample space for multifamily development with potential for high returns
  • Strong investment potential in rapidly developing area
  • Desirable location for land or multifamily investment opportunities

Contacts

broker

Scott Edmond

NAI Prime Commercial

(812) 453-3102

Location

Getting Around

  • Walk Score ®

    8/100 Car-Dependent
  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Evansville, IN
  • Zip Code 47715

Points of Interest

  • Shell

    0.66 miles

  • Costco Gasoline

    0.87 miles

  • Sam's Club

    1.17 miles

  • Casey's General Store

    1.32 miles

  • Shell

    1.65 miles

  • CountryMark

    1.88 miles

  • Marathon

    1.91 miles

  • Meijer

    2.69 miles

  • Sunoco

    2.86 miles

  • Marathon

    2.91 miles

  • Fire Dept Parking

    3.29 miles

  • Church Parking

    3.32 miles

  • School Parking

    3.36 miles

  • School Parking

    4.14 miles

  • WoodSpring Suites Evansville

    0.13 miles

  • Country Inn & Suites by Radisson, Evansville, IN

    0.24 miles

  • La Quinta Inn & Suites Evansville

    0.27 miles

  • Baymont Inn & Suites Evansville East

    0.34 miles

  • Hampton Inn Evansville

    0.45 miles

  • Hilton Garden Inn Evansville

    0.55 miles

  • Fairfield Inn by Marriott Evansville East

    0.56 miles

  • Comfort Inn East

    0.58 miles

  • Extended Stay America - Evansville - East

    0.59 miles

  • Residence Inn by Marriott Evansville East

    0.59 miles

  • Cracker Barrel

    0.46 miles

  • Texas Roadhouse

    0.47 miles

  • Dairy Queen

    0.77 miles

  • O'Charley's

    0.78 miles

  • Outback Steakhouse

    0.88 miles

  • Chick-fil-A

    0.93 miles

  • Red Robin

    1.13 miles

  • Old Chicago

    1.19 miles

  • IHOP

    1.23 miles

  • McDonald's

    1.24 miles

  • Plaza Park Elementary and Junior High School

    1.16 miles

  • William Henry Harrison Highschool

    1.99 miles

  • Hebron School

    2.66 miles

  • Holy Rosary School

    2.84 miles

  • Good Shepard School

    2.94 miles

  • Stockwell Elementary School

    3.03 miles

  • Caze Elementary

    3.24 miles

  • McGary Middle School

    3.56 miles

  • Dexter Elementary and Junior High School

    3.66 miles

  • Castle South Middle School

    3.67 miles

  • Kindergate Developmental Childcare Center

    6.22 miles

Frequently Asked Questions

What is the lease rate for Charlestown Square on the Lake?

Rental asking rate at Charlestown Square on the Lake is $614,824.50/YR.

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Contact Listing Broker

broker

Scott Edmond

NAI Prime Commercial

(812) 453-3102