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    707 State St Newburgh, IN 47630

    Sponsored
    For Lease
    $21 SF/Yr ($18,762 /Mo)

    Prime location, 1,237 sq ft, immediate occupancy.

    Lot size:
    10,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,237 square foot retail storefront is located at 707 State Street in Newburgh, Indiana, within a larger 10,314 square foot building constructed in 2018. The property sits on a 1.63-acre lot, offering ample space and visibility. Currently, one suite is immediately available, boasting a lease rate of $2,250 per month, triple net (NNN). This space is part of a multi-tenant building with a total of four suites. The property enjoys a highly desirable location at the intersection of Sharon Road and State Street, benefiting from significant traffic volume, averaging 6,264 cars per day. The building is zoned commercial and features a convenient location anchored by the popular Tin Fish Restaurant, ensuring high foot traffic and visibility for your business. The property's APN is 87-12-34-402-014.000-014, and it is situated in Warrick County. This is a fantastic opportunity for a business seeking a well-located, modern retail space in a thriving area. The minimum divisible space is 1,237 square feet.

    Property Features for 707 State St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,314 SF
    Total Rate
    18762.89

    Building Details

    Year Built
    2018
    Buildings
    1

    Unit(s) available at that property

    Space
    Suite A
    Size
    1,237 SF
    Rate per SF
    $21

    HighLights

    • 10,314 SF retail storefront building with four suites.
    • 1,237 SF of vacant space immediately available.
    • Located at 707 State St, Newburgh, anchored by Tin Fish Restaurant.
    • Situated at the intersection of Sharon Rd and State St, with 6,264 cars per day traffic count.
    • $2,250/month NNN lease rate for the available 1,237 SF suite.
    • Built in 2018 on a 1.63‑acre lot in Warrick County (APN: 87‑12‑34‑402‑014.000‑014).
    Property Profile Location Intelligence

    Current Use by Public Records

    Newburgh Tavern Bar The Tin Fish Seafood Restaurant Chinnos - Newburgh Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.404495845126
    Latitude
    37.951196137337

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, 1,237 sq ft, immediate occupancy.
    Where is this individual retail property located?
    The property is located at 707 State St Newburgh, IN.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 10,314 SF retail storefront building with four suites.; 1,237 SF of vacant space immediately available.; Located at 707 State St, Newburgh, anchored by Tin Fish Restaurant.
    Request Owner's contact information
    707 State St Newburgh, IN 47630
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    707 State St Newburgh, IN 47630
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