301 Utica St Sellersburg, IN 47172

Property Details for 301 Utica St

Year built

1985

Lot size

0.25 lot acres

Property type

Office Properties & Spaces

Description

This prime commercial property, located at 301 E Utica Street in Sellersburg, Indiana, presents a unique investment opportunity. The two-story brick building boasts a highly visible corner location at the intersection of Utica and New Albany Streets, within the established downtown business district, near the Town Hall. The building offers 2,772 square feet of renovated first-floor office space, fully furnished with built-in workstations and furniture. Upstairs, three apartment units totaling 2,122 square feet provide additional income potential, accessed via a private coded entrance. This income-producing property is ready for immediate occupancy. The 0.25-acre lot offers convenient access to IN-60 and is minutes from the I-65 interchange, providing easy access to shopping, schools, and expressways. The property is approximately 15 minutes north of Louisville, Kentucky. The sale is an online auction concluding November 20th at 2 PM, with a 10% buyer's premium added to the final bid. A 10% non-refundable down payment (cash, check, or wire transfer) is due within 24 hours of the auction's close, with the balance due in 40 days. The property is sold "as is," without contingencies, though inspections are welcomed prior to the auction. Financing is not subject to approval or appraisal. All closing costs are the buyer's responsibility. Possession is granted at closing, subject to existing tenant rights. Taxes are prorated to the closing date. The seller estimates the lot size to be smaller than the courthouse records indicate. Detailed terms are available in the Auction Bid Packet.

Location Insight

City

Sellersburg

County

Clark

State

Indiana

Longitude

-85.758

Latitude

38.3999