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    111 Walnut St Edinburgh, IN 46124

    For Sale
    $750,000

    Downtown Edinburgh landmark building, 10,583 sq ft.

    Property size:
    10,583 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This iconic 10,583-square-foot building, located at 111 S Walnut Street in the heart of Edinburgh, Indiana, presents a unique investment opportunity. The historic Pixy Theater boasts a beautifully maintained brick exterior and interior structure, offering a solid foundation for a variety of uses. Its prime downtown location provides excellent visibility and accessibility. The property sits on a 0.16-acre lot, providing ample space for potential expansion or outdoor amenities. The building's substantial size and character make it ideal for a range of ventures, including a revitalized theater, an event space, retail establishments, or creative studios. The existing structure provides a blank canvas for adaptive reuse, allowing for the creation of a truly unique and memorable space. This is a rare chance to acquire a piece of Edinburgh's history and shape its future. The asking price for this landmark property is $750,000. Serious inquiries are encouraged. The property is zoned for commercial use. The building's interior is ready for renovation and customization to suit the buyer's specific needs. This is a prime opportunity for an investor or entrepreneur looking for a high-impact project in a thriving community.

    Property Features for 111 Walnut St

    General Information

    Property type
    Retail properties
    Square Feet
    10,583 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail 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
    Edinburgh
    County
    Johnson
    State
    Indiana
    Longitude
    -85.96626
    Latitude
    39.35341

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    Nearby Similar for Sale

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    • $800,000
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      Historic Pixy Theater: Edinburgh, IN

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      Downtown Edinburgh Mixed-Use Building

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    FAQs

    What type of property is this?
    Retail property - Downtown Edinburgh landmark building, 10,583 sq ft.
    Where is this retail property located?
    The property is located at 111 Walnut St Edinburgh, IN.
    What is the asking price?
    The asking price for this property is $750,000.
    (317) 804-1795
    Request Owner's contact information
    111 Walnut St Edinburgh, IN 46124
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    Edinburgh, IN 46124
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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
    111 Walnut St Edinburgh, IN 46124
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