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    969 Mcclain Ave Scottsburg, IN 47170

    For Sale
    $525,000

    Prime Scottsburg location, two units, 3700 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This all-brick commercial property at 969 W. McClain Avenue in Scottsburg, Indiana, presents a fantastic investment opportunity. The property boasts a total of 3,700 square feet, divided into two separate units, each offering significant potential. Its desirable location, situated right off the main strip in Scottsburg and conveniently close to I-65, ensures high visibility and accessibility. Ample parking is available for tenants and clients. Each unit is equipped with its own kitchen and bathroom, both featuring granite countertops. The property is further enhanced by separate electric and gas meters for each unit, allowing for efficient utility management and cost allocation. All existing desks, filing cabinets, and appliances are included in the sale, making this a turnkey operation. The 0.75-acre lot provides ample space for expansion or future development. The asking price for this exceptional property is $525,000. This is an ideal opportunity for an owner-occupier seeking to establish a business and generate rental income simultaneously. The property's features and location make it a highly attractive investment in a thriving Indiana community.

    Property Features for 969 Mcclain Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    32,670 SF

    HighLights

    • 3,700 SF all‑brick commercial building on 0.75‑acre lot in Scottsburg, IN.
    • Two separate units, each with kitchen & bath featuring granite countertops.
    • High‑visibility location off main strip, near I‑65, with ample parking.
    • Separate electric & gas meters for each unit.
    • Turnkey operation; includes all existing desks, filing cabinets, and appliances.
    • Asking price: $525,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small Don K Counselor Indiana State Teachers ... Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsburg
    County
    18143
    State
    Indiana
    Longitude
    -85.7815256
    Latitude
    38.6849878

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Scottsburg location, two units, 3700 sq ft.
    Where is this office property / space located?
    The property is located at 969 Mcclain Ave Scottsburg, IN.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 3,700 SF all-brick commercial building on 0.75-acre lot in Scottsburg, IN.; Two separate units, each with kitchen & bath featuring granite countertops.; High-visibility location off main strip, near I-65, with ample parking.
    (812) 752-3900
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    969 Mcclain Ave Scottsburg, IN 47170
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    Scottsburg, IN 47170
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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
    969 Mcclain Ave Scottsburg, IN 47170
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