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519-525 Michigan Ave Jeff, IN

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For Sale
$1,625,000

Retail and warehouse property near downtown Jeffersonville.

Property size:
21,576 SF
Lot size:
1.01 Acres

Property Features for 519-525 Michigan Ave

General Information

Size
21,576 SF
Lot size
1.01 Acres

Source: RE/MAX FIRST Agent Michael A Kopp

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Jeffersonville Retail and Warehouse Opportunity

This property, located at the gateway to downtown Jeffersonville, presents a significant opportunity. The property includes a 21,576 square foot building facing W Court Ave and Michigan Ave. The first floor comprises 13,810 square feet of light warehouse space. The second floor offers an additional 3648 square feet with a separate outside exit. The warehouse features two docks, a drive-in bay door, and an open floor plan with multiple access doors. Additionally, there is a 4118 square foot retail building fronting Michigan Ave, currently occupied by an office tenant and a restaurant tenant. The warehouse is currently occupied by a tenant, while the second-floor office space is vacant. The location on Court Ave, a primary entry point to the city, is suitable for a potential Public-Private Partnership with the City of Jeffersonville, especially for plans involving city redevelopment.
Location Intelligence

Current Use by Public Records

Retail space

Map

City
Jeff
County
Clark
State
Indiana
Longitude
-85.77124
Latitude
38.31345

FAQs

What type of property is this?
Retail space - Retail and warehouse property near downtown Jeffersonville.
Where is this retail space located?
The property is located at 519-525 Michigan Ave Jeff, IN.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: - Prime location: First exit and gateway to Downtown Jeffersonville, offering high visibility.; - Substantial 21,576sf space: Featuring a 13,810sf warehouse with 2 docks and a drive-in bay door.; - 4118sf retail building: Currently generating income from office and restaurant tenants.
More about this property
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