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Mixed-Use Property with Three Units
For Sale
$220,000

517 Jackson Street, Seymour, IN 47274

Corner parcel combines residential units with a former grocery storefront and requires renovation.

Property Size2,740 SF
Price / SF$80.29
Days on Market562

Property Features for 517 Jackson Street

General Information

Standard status Active
Size 2,740 SF
Property subtype Commercial Sale / Mixed Use
Zoning R1

Property Condition

Severity Repairs Needed
Evidence needs renovation

Additional Details

Corner Location Yes
Multifamily Units 3
Listing Agency: Millman Realty Partners, Inc.
Listed By: Anthony Walker · License #RB14038656
Source: Compass
Added: Feb 15, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Millman Realty Partners, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property includes three residential units, with one currently occupied, together with the former Luedeman Grocery building. The improvements require renovation, and the former store provides a separate commercial-style footprint within the parcel. R1 zoning is identified for the property.

Positioned at Pine and Jackson, the site is near schools, shopping, and dining in Seymour. The existing combination of residential units and a former grocery building creates a property with multiple existing components for an owner evaluating a renovation project. The property address is 517 Jackson Street, Seymour, Indiana 47274.

Key Highlights

  • Three residential units are included; one is currently occupied
  • Former Luedeman Grocery building on the parcel
  • Corner location at Pine and Jackson

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner parcel combines residential units with a former grocery storefront and requires renovation.
Where is this mixed-use property located?
The property is located at 517 Jackson Street Seymour, IN.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Three residential units are included; one is currently occupied; Former Luedeman Grocery building on the parcel; Corner location at Pine and Jackson
More about this property
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