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518 W Main Street

Newburgh, IN 47630
  • $1,250,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 202339655
UPDATED: 69 min ago
$1,250,000
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,845
    SQFT
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Listing provided by Andros L'grand of KELLER WILLIAMS CAPITAL REALTY: Cell: 812-270-8747.

Description

This exceptional property, comprising 5,845 sq ft of prime real estate divided into four distinct units, takes center stage in a prime location, boasting high visibility as one of the first landmarks encountered upon entering historic downtown Newburgh, Indiana. Recent renovations by LA+D have revitalized this historic gem, which rests on a .62-acre lot. This one-of-a-kind property assures a unique investment opportunity for a wide range of retail businesses aiming to meet the evolving market demands of downtown Newburgh.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-02-29T13:28:39.697.

www.housesinfortwayne.com/homes/144796347
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518 W Main Street Newburgh, IN 47630

  • Price: $1,250,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 69 min ago
  • MLS #: 202339655
0
Beds
0
Baths
0
½ Baths
0.62
Acres
5,845
SQFT
$214
$/SQFT
1963
Built
Neighborhood:
None
County:
Warrick
Area:
Warrick
Property Description
This exceptional property, comprising 5,845 sq ft of prime real estate divided into four distinct units, takes center stage in a prime location, boasting high visibility as one of the first landmarks encountered upon entering historic downtown Newburgh, Indiana. Recent renovations by LA+D have revitalized this historic gem, which rests on a .62-acre lot. This one-of-a-kind property assures a unique investment opportunity for a wide range of retail businesses aiming to meet the evolving market demands of downtown Newburgh.
Exterior Features

Construction Type1 Wood Frame Exterior BrickConcreteAsphalt Fire Doors YN Yes Location City Lot Dimensions 112X50 Parking LotPublicStreet Parking Type Parking Lot Parking YN Yes Road Access City Roof Material Metal Security Light YN Yes Sign Type Street Sign Pole/Sign Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 5845 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 5846 Ceiling Height 12 Column Spacing Free Span Cooling Central AirMultiple Cooling Units Flooring Mixed Heating Fuel Forced AirMultiple Heating Systems Interior Height 12 Interior Walls Drywall Internal Rooms KitchenOfficeStorageWorkroom Special Features NoneVentilating/Exhaust FansRefrigeration/Freezer Total Restrooms 5

Property Features

Annual Taxes 6381.34 Auction YN No Buildings 1 Burglar Alarm YN No Cap Rate 5% Currently Leased YN Yes Documents Available Aerial PhotoLBP FormSellers Disclosure Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Lease Term Remaining 3 Years New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use BarRestaurantSalonStrip CenterOther Property Sub Type Mixed Use Property Use Investment Property Proposed Financing AssumableCashConventionalOther Reo YN No Sale Includes BuildingLandLease Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Ohio Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2023

Listing provided by Andros L'grand of KELLER WILLIAMS CAPITAL REALTY: Cell: 812-270-8747.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-02-29T13:28:39.697.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Andros L'grand of KELLER WILLIAMS CAPITAL REALTY: Cell: 812-270-8747.