• Year Built: 1988
1562 South Fairlawn Avenue is aretail property for lease in Evansville, IN.
This property fronts Covert Avenue and consists of two parcels which have a total of two commercial buildings and two residential homes. It is a corner lot and Sonic Drive-In is located across Fairlawn Avenue to the west in a commercial, retail, automotive and residential environment. It has a large well lit parking area in front with curb cuts on Covert and Fairlawn Avenue. This is an income producing property and would make a good investment or a nice lot for development. The steel building which is 1,500 sqft (30'x50') has an office area, three rear overhead doors and most recently housed a car sales lot and a detail/mechanics garage. The building to the west is 946 sqft (43'x22') and has been leased to the same tenant for years. The two homes are 759 sqft and 699 sqft and are both rented as well. The owner will consider a possible contract sale to a qualified individual.
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