318 320 322 E Cherry Street, Evansville, IN 47713 - Vanderburgh County

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.

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