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    424-428 7Th St Jeffersonville, IN 47130

    For Sale
    $209,000

    Historic Downtown, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional business opportunity presents a prime location in historic downtown Jeffersonville, Indiana, just a block from the vibrant NoCo art district and adjacent to the Clark County Courthouse. The property encompasses three parcels totaling 0.21 acres and includes the former building of the popular "Buckets Bar and Grill." While the exact square footage requires verification by the buyer, the substantial lot offers ample outdoor space and convenient parking. The sale includes a complete set of recently finalized architectural drawings, providing a solid foundation for a variety of potential uses. These plans encompass diverse concepts, including a restaurant, coffee shop, or brewery, showcasing the property's versatility and adaptability to various business models. The building's rich history as a successful bar and grill speaks to its inherent appeal and established customer base potential. The combined property taxes and lot size reflect the aggregation of all three parcels. Prospective buyers are advised to independently verify square footage, property taxes, and school district information to ensure alignment with their specific needs and due diligence. This is a rare chance to acquire a well-situated property with significant redevelopment potential in a thriving downtown area.

    Property Features for 424-428 7Th St

    General Information

    Property type
    Investment properties
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1934
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jeffersonville
    County
    Clark
    State
    Indiana
    Longitude
    -85.73842
    Latitude
    38.27754

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    FAQs

    What type of property is this?
    Investment property - Historic Downtown, High Potential
    Where is this investment property located?
    The property is located at 424-428 7Th St Jeffersonville, IN.
    What is the asking price?
    The asking price for this property is $209,000.
    (812) 728-8181
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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
    424-428 7Th St Jeffersonville, IN 47130
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