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    130 Market St Charlestown, IN 47111

    For Sale
    $650,000

    High-Visibility Retail & Warehouse Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional Charlestown, Indiana commercial property presents a unique investment opportunity. The 6,000 square foot building boasts a prime location on Market Street, just an eighth of a mile from the intersection of Highway 62 and State Road 3, ensuring excellent visibility and accessibility. The property encompasses 3,150 square feet of adaptable retail space, perfect for a variety of businesses. In addition to the retail area, the building includes a 440 square foot storage room, providing ample space for inventory or supplies. A substantial 40' x 60' warehouse space, featuring a 14-foot overhead door and impressive 20-foot ceiling height, offers significant potential for storage, manufacturing, or distribution. The concrete floor above the retail area is ready for immediate build-out, allowing for customization to suit specific business needs. The entire property sits on a sizable 0.62-acre lot, providing ample room for expansion or outdoor activities. This versatile property is ideal for entrepreneurs seeking a high-visibility location with a blend of retail and warehouse space, offering significant potential for growth and return on investment. The strategic location near major roadways ensures easy access for customers and employees alike. This is a rare opportunity to acquire a well-situated commercial property in a thriving area.

    Property Features for 130 Market St

    General Information

    Property type
    Investment properties
    Lot Size
    27,007 SF

    Building Details

    Year Built
    1971
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hayes Mowers Lawn Mower Store Hart Florals and Design ... Florist

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.65996
    Latitude
    38.44131

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    FAQs

    What type of property is this?
    Investment property - High-Visibility Retail & Warehouse Opportunity
    Where is this investment property located?
    The property is located at 130 Market St Charlestown, IN.
    What is the asking price?
    The asking price for this property is $650,000.
    (812) 728-8181
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    130 Market St Charlestown, IN 47111
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    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
    130 Market St Charlestown, IN 47111
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