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    820 Main St Charlestown, IN 47111

    Sponsored
    For Sale
    $495,000

    High-traffic, versatile commercial building.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 820 Main Street in Charlestown, Indiana, presents a unique investment opportunity. Situated on a 0.27-acre lot at the corner of Main Street and Market Street (Highway 3), this high-visibility building enjoys a prime location at the entrance to Charlestown City Square. Its strategic position benefits from significant traffic flow, particularly amplified during the winter months due to the popular Christmas light display. The building itself offers ample space, currently configured with office areas, restrooms, and a basement for storage. A notable feature is the absence of load-bearing walls separating the two existing spaces, allowing for flexible configuration to suit a variety of business needs. The property's zoning permits a wide range of commercial uses, including retail, service sector, and office spaces. Potential business owners may also be eligible for Charlestown Redevelopment funds to assist with facade improvements. Convenient rear alley access and ample on-street parking further enhance the property's appeal. This is an ideal opportunity to establish or expand a business in a thriving, re-developing area, close to key locations such as River Ridge, Shadow Lake, and City Hall.

    Property Features for 820 Main St

    General Information

    Property type
    Investment properties
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Pampered Pups Dog ... Pet Groomer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.66179
    Latitude
    38.44291

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    FAQs

    What type of property is this?
    Investment property - High-traffic, versatile commercial building.
    Where is this investment property located?
    The property is located at 820 Main St Charlestown, IN.
    What is the asking price?
    The asking price for this property is $495,000.
    (812) 944-7024
    Request Owner's contact information
    820 Main St Charlestown, IN 47111
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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
    820 Main St Charlestown, IN 47111
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