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501 Market St Charlestown, IN 47111

For Sale
$250,000

Income-producing office, prime Charlestown location.

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional commercial property, located at 501 Market Street in Charlestown, Indiana, presents a lucrative investment opportunity. Situated on a 0.26-acre lot directly on the four-lane Highway 3 (Market Street), this office building benefits from high visibility and easy access. Its advantageous position adjacent to Charlestown Park provides a desirable setting for a variety of businesses. Currently leased to a reliable tenant, this property offers immediate and consistent rental income. The existing lease agreement ensures a secure return on investment until April 30, 2025. This provides a substantial period of guaranteed income for the new owner, minimizing risk and maximizing potential returns. Charlestown is experiencing significant growth, creating a thriving business environment. This property's location within this dynamic city makes it an attractive investment for both established businesses and savvy investors seeking a strong return. The property's size, while not specified in square footage, offers a substantial space for a variety of commercial uses, capitalizing on the high traffic volume of Market Street and the proximity to Charlestown Park. This is a rare opportunity to acquire a well-situated, income-generating commercial property in a rapidly developing area. Don't miss this chance to add a valuable asset to your portfolio.

Property Features for 501 Market St

General Information

Property type
Office Properties & Spaces
Lot Size
11,326 SF

Building Details

Year Built
1950

Property Profile Insight Report Location Intelligence

Current Use by Public Records

H&R Block Tax Preparation Service

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Charlestown
County
Clark
State
Indiana
Longitude
-85.66435
Latitude
38.44487

FAQs

What type of property is this?
Office Property / Space - Income-producing office, prime Charlestown location.
Where is this office property / space located?
The property is located at 501 Market St Charlestown, IN.
What is the asking price?
The asking price for this property is $250,000.
More about this property
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