1315 Spg Hl Ctr Jeffersonville, IN 47130
- Retail properties
- 0.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1315 Spg Hl Ctr
- Year built
- 1981
- Lot size
- 0.50 lot acres
- Property type
- Retail properties
Description
This prime six-unit retail center in Jeffersonville, Indiana, presents a compelling investment opportunity. Strategically located across from Clark Memorial Hospital, this property boasts excellent visibility and high traffic counts. The 0.5-acre site includes 20 parking spaces and currently houses six tenants, three of which are occupied by Smoker's Outlet, Spring Golden Spa, and a nail salon. Three units are currently vacant, offering significant potential for increased rental income or customized tenant improvements. Recent upgrades include a roof, gutter, and soffit replacement within the last two years. Each unit features separate tenant-paid utilities, front and rear exits, and its own bathroom. The property benefits from its proximity to bustling downtown Jeffersonville, numerous restaurants, and shopping centers, ensuring a strong tenant base and high demand. This location offers easy access to major roadways and enjoys exceptional visibility, making it an ideal investment for those seeking a strong return on investment in a thriving commercial area. The property's current occupancy and the potential for future growth make this a rare opportunity in a highly desirable Jeffersonville location. The combination of existing tenants and vacant units provides flexibility for investors to maximize their return.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jeffersonville
- County
- Clark
- State
- Indiana
- Longitude
- -85.7486
- Latitude
- 38.2837
