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Mixed-Use Building with Four Apartments
New
For Sale
$350,000

201 S Chestnut St, Seymour, IN 47274

A leased commercial suite, a second suite prepared for redevelopment, and four apartments create a mixed-use configuration.

Property Size7,334 SF
Price / SF$47.72
Days on Market3

Property Features for 201 S Chestnut St

General Information

Standard status Active
Size 7,334 SF
Total Parking Spaces 8
Property subtype Commercial

Property Condition

Severity Major Repairs Needed
Evidence four upstairs apartments requiring full renovation

Additional Details

Mixed-Use Components commercial, residential
Multifamily Units 4
Tenant in Place Yes

Building Details

Buildings 1
Listing Agency: Keller Williams Indy Metro Partners
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 28 at 8:27AM

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 Keller Williams Indy Metro Partners

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Investment Insights

Based on property information with market context.

The 7,334-square-foot mixed-use building includes two ground-floor commercial suites and four apartments above. One 1,500-square-foot suite has been remodeled and is occupied under a long-term lease. The other commercial suite measures 1,430 square feet and has been stripped for redevelopment. All four apartments require full renovation. The building has also been freshly painted and includes private parking for eight vehicles.

Located at 201 S Chestnut St in Seymour, the property combines commercial and residential space in a downtown setting. Its existing layout includes a leased storefront, a separate commercial suite requiring redevelopment, and four upstairs residential units.

Key Highlights

  • 7,334‑square‑foot mixed‑use building with two commercial suites and four apartments
  • Remodeled 1,500‑square‑foot commercial suite with a long‑term lease
  • Second 1,430‑square‑foot suite has been demolished for redevelopment

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Edward Jones - Financial ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Restaurant 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,107
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A leased commercial suite, a second suite prepared for redevelopment, and four apartments create a mixed-use configuration.
Where is this mixed-use property located?
The property is located at 201 S Chestnut St Seymour, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 7,334‑square‑foot mixed‑use building with two commercial suites and four apartments; Remodeled 1,500‑square‑foot commercial suite with a long‑term lease; Second 1,430‑square‑foot suite has been demolished for redevelopment
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