Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    201-203 Capitol Ave Corydon, IN 47112

    For Sale
    $700,000

    Prime Location, Historic Charm, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 201-203 N Capitol Avenue in Corydon, Indiana, presents a rare investment opportunity in the heart of the historic downtown district. The building boasts a highly visible corner location directly across from the First State Capitol building, ensuring significant foot traffic and brand exposure. Situated on a 0.1-acre lot, this office building offers convenient access to a variety of amenities, including numerous dining establishments, shopping options, and other professional offices, all within comfortable walking distance. The property's prime location within the bustling downtown business district makes it ideal for a wide range of commercial uses. The building's architectural details and prominent position contribute to its significant presence within the community. This is a unique chance to acquire a substantial commercial property in a thriving historic setting, offering both immediate income potential and long-term appreciation prospects. The asking price for this remarkable building is $700,000. While the square footage is not currently specified, the property's size and location make it a compelling investment. Serious inquiries are encouraged to explore this exceptional opportunity further. The building's prominent position and historical context make it a truly unique offering in the Corydon commercial real estate market.

    Property Features for 201-203 Capitol Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Corydon
    County
    Harrison
    State
    Indiana
    Longitude
    -86.12662
    Latitude
    38.21117

    Nearby Similar for Sale

    • $899,900
      3,682 SF

      55-Acre Cattle/Horse Farm

      Southern Indiana farm with custom home and equestrian facilities.
      4020 Old Hwy, Corydon, IN 47112
      View Details
    • Contact for pricing
      7,225 SF

      Turn-Key Restaurant Opportunity in Corydon

      7,225 SF free-standing restaurant on 1.44 acres for sale.
      160 Pacer Dr NW, Corydon, IN 47112
      View Details
    • $2,600,000
      9,500 SF

      Modern Medical Office Building

      Renovated medical office building for sale in Corydon, Indiana.
      2230 Edsel Ln NW, Corydon, IN 47112
      View Details
    • $3,000,000

      Turnkey Wrecker Service For Sale

      Established wrecker service in historic Corydon since 1970.
      1020 Highway 62 NW, Corydon, IN 47112
      View Details
    • $250,000
      5,100 SF

      Versatile Commercial Building in Corydon

      Spacious commercial building with apartment, ideal for various businesses.
      1350 Old Forest Rd NW, Corydon, IN 47112
      View Details
    • $1,218,914
      2,800 SF

      Freestanding KFC Restaurant For Sale

      2,800 SF KFC absolute NNN lease investment opportunity.
      1793 Old Highway 135 NW, Corydon, IN 47112
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, Historic Charm, High Visibility
    Where is this office property / space located?
    The property is located at 201-203 Capitol Ave Corydon, IN.
    What is the asking price?
    The asking price for this property is $700,000.
    (812) 728-8181
    Request Owner's contact information
    201-203 Capitol Ave Corydon, IN 47112
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201-203 Capitol Ave
    Corydon, IN 47112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    201-203 Capitol Ave Corydon, IN 47112
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.