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    8647 W College St French Lick, IN 47432

    For Sale
    $379,000

    Mixed Use - Cooperative,Historical,Medical/Dental,Office/Showroom,Professional,Retail,Other

    Type:Stock Cooperative
    Lot size:
    0.15 Acres
    Days on Market:
    130
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 8647 W College St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Stock Cooperative
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Kitchen, Office
    Bathrooms
    3
    APN
    59-12-03-310-001.001-002
    Parking features
    Off Street
    Interior features
    Drywall, Other, 220 Volts, Freight Elevator, Basement, Display Room, Display Window(s), Office Space, Reception Area
    Exterior features
    220 Volts, Freight Elevator, Basement, Display Room, Display Window(s), Office Space, Reception Area
    Accessibility
    Accessible Elevator Installed
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1900
    Floors in Building
    2
    Flooring type
    Tile, Vinyl, Wood
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Historical

    Brooks Galloway Real Estate (812) 936-7301

    Listing agent Brooks Galloway (812) 936-7301

    Listing date Jul 29, 2025

    MLS# 202506510 Listing URL

    Copyright © 2025 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Mixed-Use Commercial Building

    Located at 8647 W. College St. in French Lick, Indiana, this visible commercial building offers mixed-use potential. The structure features a French Lick yellow brick exterior and includes three levels above grade, each with 4,600 square feet, plus a full basement. Currently, the main level is a large, open retail space. The second level was previously used as a doctor's office and apartment space. The third level is currently used for storage but was once fully utilized. The apartment space requires renovation or could be converted to another use. The property includes some off-street parking. The lot size is 0.15 acres. The building could be used for cooperative, historical, medical/dental, office/showroom, professional, or retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Clothing Store Accounting Firm Auto Repair Shop Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    French Lick
    County
    Orange
    State
    Indiana
    Longitude
    -86.620196
    Latitude
    38.548676

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      Prime Commercial Building in French Lick

      Visible commercial building in downtown French Lick, suitable for mixed-use.
      8647 W College St, French Lick, IN 47432
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Visible commercial building in French Lick with mixed-use potential.
    Where is this mixed-use property located?
    The property is located at 8647 W College St French Lick, IN.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: - Prime commercial building with high visibility and mixed-use potential.; - Substantial space: **4 levels, each with 4,600 sq ft, including a full basement.**; - Distinctive French Lick yellow brick exterior and historical architectural style.
    (812) 936-7301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8647 W College St French Lick, IN 47432
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