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209 Main St Milltown, IN 47145

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For Sale
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Prime Milltown location, needs complete renovation.

Description

Added:
Feb 3, 2025
Days on Market:
338
This unique property at 209 Main Street, Milltown, Indiana, presents a compelling investment opportunity for a buyer with vision. Priced at $27,000, this property consists of a main building and an additional structure located at the rear of the lot. Both buildings require a complete rehabilitation. The main building is situated in a high-traffic area of downtown Milltown, offering excellent potential for a variety of commercial uses once renovated. A significant advantage is the recently installed 200-amp electrical service, providing a solid foundation for future improvements. However, potential buyers should be aware that the entire property is located within a designated flood plain. This necessitates careful consideration of flood mitigation strategies and insurance requirements during the planning and development phases. The property's size, in terms of square footage and lot acreage, is not currently specified. The existing structures offer a blank canvas for a creative developer to transform this downtown Milltown location into a thriving business. Serious inquiries are encouraged to explore the possibilities of this unique investment. Due diligence is recommended to fully assess the property's condition and potential.

Property Features for 209 Main St

General Information

Property type
Other commercial real estate

Building Details

Year Built
1933

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Building Supply Dental Office Wholesale Shop Hotel & Motel Kitchen & Bath Food Market HVAC Service Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Milltown
County
Crawford
State
Indiana
Longitude
-86.2738
Latitude
38.34238

FAQs

What type of property is this?
Commercial real estate - Prime Milltown location, needs complete renovation.
Where is this commercial real estate located?
The property is located at 209 Main St Milltown, IN.
What is the asking price?
The asking price for this property is $27,000.
More about this property
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