440 Gardner St Scottsburg, IN 47170
- Office Properties & Spaces
- 0.33 lot acres
Current Use by Public Records
- Jill Yount CPA PSC / Accountant
Property Details for 440 Gardner St
- Year built
- 1980
- Lot size
- 0.33 lot acres
- Property type
- Office Properties & Spaces
Description
This exceptional commercial property in Scottsburg, Indiana, presents a lucrative investment opportunity. The complex boasts eight rental units, ensuring consistent cash flow. A prominent feature is a large building with a storefront office space, ideal for a variety of businesses. Above the office, a spacious two-bedroom, one-bathroom apartment provides additional rental income. Below the office, four one-bedroom, one-bathroom apartments offer further rental potential. Two separate buildings each house a one-bedroom, one-bathroom apartment, adding to the overall rental count. Tenant convenience is maximized with an on-site coin-operated laundry facility. All units are equipped with central heating and air conditioning, and appliances are included. Currently, utilities are included in the monthly rent. The property sits on a 0.33-acre lot and benefits from significant road frontage on Highway 31/S. Gardner Street, ensuring high visibility and accessibility. A large blacktop parking area provides ample space for tenants and visitors. This turnkey operation offers immediate income generation and significant growth potential. The property is priced at $325,000.
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
- Scottsburg
- County
- Scott
- State
- Indiana
- Longitude
- -85.77869
- Latitude
- 38.68199
