For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Charlestown Commercial Office Building Title is generated by Realmo AI

    840 Main St, Charlestown, IN 47111

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Renovated office space in Charlestown, Indiana, ready for occupancy.

    Type:Office
    Property size:
    1,320 SF
    Price / SF:
    $257/SF
    Added:
    Mar 16, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 19 at 11:45 pm

    Property Features for 840 Main St

    General Information

    Standard status
    Active
    Size
    1,320 SF
    Property subtype
    Office

    Building Details

    Year Built
    1952

    We can help!

    Contact an agent
    Todd Paxton
    Todd Paxton

    Listing office Lopp Real Estate Brokers

    Listing date Mar 16, 2026

    Source Crexi

    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 Lopp Real Estate Brokers

    HighLights

    • Newly renovated in Fall 2023 with new wiring, HVAC, facade, windows, and parking lot
    • Prime location on City Square in Charlestown, Indiana, close to Downtown Louisville
    • Zoned Commercial Downtown, suitable for office or multiple uses
    • Includes 4 off‑street parking spots and curbside parking
    • 1320 sq ft of space with a showroom, conference room, office cubicles, kitchenette, and half bathroom
    • Ready for immediate occupancy and investment

    Overview

    This commercial office building is located on the City Square in Charlestown, Indiana, close to Downtown Louisville. The property is zoned Commercial Downtown and features 1320 square feet of newly renovated space, suitable for office or multiple uses. The layout includes a large showroom, conference room, office cubicles, kitchenette, half bathroom, and mechanical room. There are four off-street parking spots in the rear, as well as curbside parking in front. A full remodel in Fall 2023 included new wiring and panel, facade, doors, windows, lighting, new HVAC, water heater, kitchenette, and a sealed and striped parking lot.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $31.7k $24.00
    − Vacancy −$4.8k −$3.65
    EGI $26.9k $20.35
    − OpEx −$6.7k −$5.09
    NOI $20.1k $15.26
    1,320 SF · lease $24.00/SF/yr · vacancy 15.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $287.8K
    $251.9K – $335.8K (±1% cap)
    NOI $20,148 @ 7.0% cap · market cap 5.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $383.8K
    $335.8K – $447.8K (±1% cap)
    NOI $26,865 @ 7.0% cap · market cap 7.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    RyBuilt Homes Construction Company

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.661521
    Latitude
    38.4429196

    FAQs

    What type of property is this?
    Office building - Renovated office space in Charlestown, Indiana, ready for occupancy.
    Where is this office building located?
    The property is located at 840 Main St Charlestown, IN.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: Newly renovated in Fall 2023 with new wiring, HVAC, facade, windows, and parking lot; Prime location on City Square in Charlestown, Indiana, close to Downtown Louisville; Zoned Commercial Downtown, suitable for office or multiple uses
    (812) 944-7024 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message