Current Use by Public Records
- Flutter / Clothing & Fashion Store
- Healing Touch Massage Therapy / Alternative Medicine Practice / Spa & Massage Center
Property Details for 100 State St
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional mixed-use property in historic Newburgh, Indiana, presents a unique investment opportunity. The building, totaling 9,075 square feet, boasts a prime location on State Street, within a vibrant economic district featuring restaurants, shops, and historic homes. The property features three stories, each meticulously designed and renovated in 2021. The first floor offers 3,136 square feet of retail space, complete with new HVAC and electrical service. The second floor provides 3,347 square feet of office space, similarly updated with new HVAC and electrical systems. The third floor comprises a luxurious 2,592-square-foot residence, completely renovated with high-end cabinetry, appliances, fixtures, and custom flooring. This residential space includes three bedrooms, 3.5 bathrooms, a fourth room adaptable as a bunk room or office, and a fifth downstairs bedroom. An open floor plan enhances the living space, complemented by two butler pantries. Enjoy breathtaking river views from the rooftop patio, equipped with electric access. The entire building benefits from a new roof, siding (with a 30-year lifespan), porches, and gutters. Five new HVAC units ensure optimal climate control throughout. This property offers a blend of commercial and residential spaces, ideal for owner-occupancy or investment purposes, within a thriving community that encourages a live-work-play lifestyle. The asking price is $2,800,000, translating to $308.54 per square foot.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Warrick
- State
- Indiana
- Longitude
- -87.4053
- Latitude
- 37.9447
