Residential Land for Sale in Evansville, Indiana
318 320 322 E Cherry St, Evansville, IN 47713
Fantastic opportunity with exceptional visibility in the near-downtown area at the corner of S Governor and E Cherry! These three adjoining lots are being sold together as a package. 322 E Cherry is zoned C-4 Commercial, while 320 and 318 E Cherry are zoned R-5 Residential. The new owner may request a zoning change for the R-5 parcels or keep them as residential--offering flexibility for a variety of development options. The combined frontage along E Cherry Street is 99 feet, with a depth of 144 feet along S Governor, per the Vanderburgh County Assessor. The surrounding area features a mix of various types of residential properties, commercial, and institutional uses, making this an appealing location for numerous potential projects. Additionally, the soil at the rear of the property has already been remediated by the EPA in early 2025, and documentation has been provided in the Seller's Disclosure.
Location
- Street address
- 318 320 322 E Cherry St
- County
- Vanderburgh County
- Community
- Dalzell Place
- School district
- Evansville-Vanderburgh School Corp.
- Elevation
- 387 feet
Directions
From the Lloyd take the Division St exit and turn s onto Governor St then turn W onto E Cherry.
Property details
- Lot size
- 0.327 acres14,244 sq ft
- MLS #
- SWAOR 202548760
- Posted
Parcels
- 82-06-29-021-043.015-029
Legal description
Dalzell Place lot 23, Dalzell Pl L22 PT L21, Dalzell PL LT20 &1/2 LT21
Details and features
Listing
- Type
- Land
- Franchise
- RE/MAX International
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Tekoppel | Elementary | Evansville-Vanderburgh School Corp. | — |
| Helfrich | Middle | Evansville-Vanderburgh School Corp. | — |
| Francis Joseph Reitz | High | Evansville-Vanderburgh School Corp. | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 12, 2025 | New listing | $69,900 | — | SWAOR |
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