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    208 Railroad St Henryville, IN 47126

    For Sale
    $230,000

    Warehouse, Office, & Residential Potential

    Property size:
    4,366 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This unique Henryville, Indiana property presents a rare investment opportunity. The main structure, a former feed mill, boasts substantial commercial warehouse space, perfect for various uses. Features include ample office space, multiple bathrooms, convenient loading docks, and a large overhead door accommodating sizable vehicles. The property also includes approximately 0.32 acres of land, offering potential for expansion or additional development. A separate barn adds further versatility. Adding to the property's character is a historic barber shop building, featuring a spacious open living room, compact sleeping quarters, a full kitchen, and a bathroom. This presents a unique residential or mixed-use possibility. The total square footage is 4,366, however, all square footage, zoning designations, permitted usage, property lines, and acreage are subject to buyer verification and due diligence. This property offers a blend of historical charm and significant commercial potential, making it an attractive proposition for discerning investors seeking a unique and versatile asset in a desirable location. The buyer is responsible for verifying all aspects of the property, including but not limited to zoning, permitted uses, and exact property lines. This is a chance to acquire a piece of Henryville's history and shape its future.

    Property Features for 208 Railroad St

    General Information

    Property type
    Investment properties
    Square Feet
    4,366 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Henryville
    County
    Clark
    State
    Indiana
    Longitude
    -85.76524
    Latitude
    38.53952

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Investment property - Warehouse, Office, & Residential Potential
    Where is this investment property located?
    The property is located at 208 Railroad St Henryville, IN.
    What is the asking price?
    The asking price for this property is $230,000.
    (502) 263-8022
    Request Owner's contact information
    208 Railroad St Henryville, IN 47126
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    Henryville, IN 47126
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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
    208 Railroad St Henryville, IN 47126
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