Current Use by Public Records
- Retirement homes
Property Details for 10388 In-662
- Year built
- 1902
- Lot size
- 1.41 lot acres
- Property type
- Retirement homes
- Property subtype
- Retail properties & Spaces
Description
This exceptional 11,279 square foot mixed-use building presents a unique investment opportunity in Newburgh, Indiana. Located at 10389 IN-662, this two-story, Class B property sits on a 1.41-acre lot and boasts a rich history, having previously served as a residence, frame shop, and floral boutique. Built in 1902, the building showcases Greek Revival architectural charm, meticulously renovated to blend historic character with modern interiors. The property features vacant tenancy, providing flexibility for a variety of uses, including executive, medical, or traditional office space, retail, or even senior living, all permitted under its C1 zoning. The spacious layout includes warehouse space in the rear, adding to its versatility. With one unit across two stories, this property offers ample space for a single tenant or the potential for subdivision. The asking price is $850,000. This prime location and versatile space make this a truly exceptional opportunity for a discerning investor or business owner seeking a distinctive property with significant potential. The property's APN is 87-12-32-402-003.000-019 87-12-32-402-006.000-019.
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
- -87.4399
- Latitude
- 37.9536
