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Storefront Building With Freight Elevator
New
For Sale
$875,000

116 S Chestnut Street, Seymour, IN 47274

Commercial Sale, Seymour, IN

Property SizeContact for details
Lot Size0.25 Acres
Days on Market5

Property Features for 116 S Chestnut Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-4
Parking features Alley
Elementary school district Seymour Community Schools
Middle school district Seymour Community Schools
High school district Seymour Community Schools
Directions GPS Friendly
Subdivision 3607 - Jackson - Jackson
Standard status Active
APN 366617317067000009
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt Lots 98,99 Shields, Blk W and Shields Add S PT LOT 99-W
Tax Annual Amount 9576
Legal Description Pt Lots 98,99 Shields, Blk W and Shields Add S PT LOT 99-W

Amenities

freight elevator
one car garage

Building Details

Year built 1912
Floors in Building 2
Roof type Membrane
Listing Agency: RE/MAX Professionals · RE/MAX International
Listed By: Erin Rothert · License #RB14042527
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 18 at 1:06AM
MLS# 22125546

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1912, this multi-level storefront property offers two possible retail areas on the main floor, with additional space on the second level and in the basements. A freight elevator serves all three floors, while an intermediate office area provides a separate workspace away from the primary storefronts. The building also includes a one-car garage and a membrane roof.

Located on S Chestnut Street in downtown Seymour, the property has exposure to US Hwy 50. Street parking and an adjacent city parking lot serve the building, with alley access also identified among the parking features. C-4 zoning adds a commercial framework for the site.

Key Highlights

  • Two potential main‑level storefront areas
  • Freight elevator serving all three floors
  • Additional second‑floor and basement space

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,173
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 76% Dining 19% Home Improvements & Furnishings 5%
Seymour #2 Shops & Services
11,798 visits/mo 0.2 miles
SONIC Drive In Dining
11,447 visits/mo 0.3 miles
Circle K Shops & Services
8,119 visits/mo 0.3 miles
Shell Shops & Services
6,953 visits/mo 0.3 miles
Dollar General Shops & Services
5,827 visits/mo 0.3 miles

Demographics for 47274, IN

33,035
Population
13,590
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
214.7 sq mi
ZIP Area
154
Density / Sq Mi
$72,186
Median Household Income
$44,320
Median Earnings
$956
Median Rent
$187,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Jubilee Flowers & Gifts 801 W Tipton St, Seymour, IN 47274
  • The Flower Cart By Prestigious Affairs 108 S Chestnut St, Seymour, IN 47274
  • Seymour Greenhouse 749 N Ewing St, Seymour, IN 47274

Frequently Asked Questions

What type of property is this?
Storefront property - Multi-level commercial property with storefront areas, office space, basements, and freight-elevator access.
Where is this storefront property located?
The property is located at 116 S Chestnut Street Seymour, IN.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two potential main‑level storefront areas; Freight elevator serving all three floors; Additional second‑floor and basement space
More about this property
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