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12854 North St Dillsboro, IN 47018

For Sale
$95,000

Prime Redevelopment Opportunity in Dillsboro, IN

Description

Added:
Feb 3, 2025
Days on Market:
312
This exceptional three-story brick building, located at 12854 North Street in Dillsboro, Indiana, presents a unique redevelopment opportunity for discerning investors. The property, encompassing 0.08 acres, is currently stripped to the interior studs, offering a blank canvas for a creative vision. Architectural concept drawings are available, illustrating potential uses such as retail spaces and high-end apartments. These plans provide a solid foundation for future development, showcasing the building's adaptability and potential for significant return on investment. The building's historical character, combined with its prime location in Dillsboro, creates an attractive proposition for developers seeking a unique project. Previous mitigation and stabilization work has already been completed, reducing initial project hurdles and streamlining the renovation process. Furthermore, the possibility of securing grant funding through state and local programs offers a significant financial advantage, potentially offsetting a portion of renovation costs. This is a rare chance to acquire a substantial commercial property with considerable upside potential in a desirable Indiana town. The property is priced competitively at $95,000, reflecting its current state and the significant potential for future value appreciation. Serious inquiries are encouraged.

Property Features for 12854 North St

General Information

Property type
Other commercial real estate
Lot Size
3,485 SF

Building Details

Year Built
1900

Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Spa & Massage Hair Salon Clothing Store Pharmacy Bar & Pub Grocery Store Food Market Electrical Service Storage Facility

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

Location Insight

  • Map
  • Local Demand
City
Dillsboro
County
Dearborn
State
Indiana
Longitude
-85.058
Latitude
39.01771

FAQs

What type of property is this?
Commercial real estate - Prime Redevelopment Opportunity in Dillsboro, IN
Where is this commercial real estate located?
The property is located at 12854 North St Dillsboro, IN.
What is the asking price?
The asking price for this property is $95,000.
More about this property
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