840 Main St, Charlestown, IN 47111
Renovated office space in Charlestown, Indiana, ready for occupancy.
- 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
Listing office Lopp Real Estate Brokers (812) 944-7024
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Charlestown
- County
- Clark
- State
- Indiana
- Longitude
- -85.661521
- Latitude
- 38.4429196