201-203 Capitol Ave Corydon, IN 47112
This exceptional commercial property, located at 201-203 N Capitol Avenue in Corydon, Indiana, presents a rare investment opportunity in the heart of the historic downtown district. The building boasts a highly visible corner location directly across from the First State Capitol building, ensuring significant foot traffic and brand exposure. Situated on a 0.1-acre lot, this office building offers convenient access to a variety of amenities, including numerous dining establishments, shopping options, and other professional offices, all within comfortable walking distance. The property's prime location within the bustling downtown business district makes it ideal for a wide range of commercial uses. The building's architectural details and prominent position contribute to its significant presence within the community. This is a unique chance to acquire a substantial commercial property in a thriving historic setting, offering both immediate income potential and long-term appreciation prospects. The asking price for this remarkable building is $700,000. While the square footage is not currently specified, the property's size and location make it a compelling investment. Serious inquiries are encouraged to explore this exceptional opportunity further. The building's prominent position and historical context make it a truly unique offering in the Corydon commercial real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.