Property summary
This exceptional 13,801-square-foot commercial property at 510 Spring Street in Jeffersonville, Indiana, presents a unique investment opportunity. Built in 1970, this two-story building features a single tenancy and is situated on one acre of land. The property includes an elevator and boasts a prime location in a historic district, potentially qualifying for tax credits. Located minutes from downtown Jeffersonville and the riverfront, it offers easy access to the vibrant restaurant and retail scene. A short 10-minute drive takes you to Louisville's NULU and Butchertown neighborhoods. The building's frontage benefits from a city-maintained park. The seller is open to build-to-suit options, and additional parcels behind the building may be included in the sale. Architectural plans for a potential Airbnb conversion are also available. The CD zoning allows for diverse uses, including retail, restaurant, office, medical, or even high-end boutique apartments. This property combines historic charm with significant potential for a variety of commercial ventures. The property's APN is 13,801.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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