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    360/362 Main Cross St Charlestown, IN 47111

    For Sale
    $110,000

    High-potential office space, downtown Charlestown.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This unique Charlestown property, located at 360/362 Main Cross Street, presents a compelling investment opportunity. Situated on a 0.18-acre lot in the heart of Charlestown's town square, the building currently operates as an antique store. However, its true potential lies in its adaptability. The main floor offers ample space for a variety of commercial uses, while the upstairs area boasts its own electrical box, presenting a significant opportunity for conversion into a one-bedroom apartment. This dual-use potential makes it an ideal investment for those seeking both commercial rental income and residential rental income. The building's central location within the growing city of Charlestown ensures high visibility and accessibility. The property's current configuration provides a solid foundation for immediate income generation, while the upstairs space offers significant upside potential for future development and increased revenue streams. This is a rare chance to acquire a versatile property in a thriving location, offering a blend of immediate return and long-term growth prospects. The possibilities for this space are extensive, making it an exceptional investment opportunity in a dynamic market. Serious inquiries are encouraged to explore the full potential of this unique property.

    Property Features for 360/362 Main Cross St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.6589
    Latitude
    38.4469

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    FAQs

    What type of property is this?
    Office Property / Space - High-potential office space, downtown Charlestown.
    Where is this office property / space located?
    The property is located at 360/362 Main Cross St Charlestown, IN.
    What is the asking price?
    The asking price for this property is $110,000.
    (888) 581-8733
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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
    360/362 Main Cross St Charlestown, IN 47111
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