227 Water St Borden, IN 47106
- Warehouses
- 2,500 SF
- 0.40 lot acres
Current Use by Public Records
- Warehouses
Property Details for 227 Water St
- Year built
- 1955
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.40 lot acres
- Property size
- 2,500 SF
- Property type
- Warehouses
- APN
- 10-16-00-300-459.000-036
- APU
- 101600300459000036
Description
This exceptional commercial property, located at 227 Water Street in Borden, Indiana, presents a unique investment opportunity. The building boasts a total of 2500 square feet situated on a half-acre lot, offering ample space and significant parking. A recent remodel in 2018 ensures modern functionality. The property includes a 700-square-foot office area, complete with a half-bath and ductless HVAC system, currently available for lease at $750 per month, potentially including a utility allowance. The remaining space provides versatile storage options. The building's design allows for easy divisibility, catering to a range of commercial uses including retail, office space, storage, or even light industrial/mechanical applications. Its convenient location offers excellent highway road frontage, ensuring high visibility and accessibility. Utilities are readily available through Borden Tri-County Water, Borden Sewer, and Duke Energy. The seller is open to leasing the entire building, providing flexibility for potential buyers or tenants. This property is ideal for entrepreneurs seeking a well-maintained space with significant potential in a scenic, thriving community. The combination of its size, location, and recent renovations makes this an attractive investment opportunity.
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
- Borden
- County
- Clark
- State
- Indiana
- Longitude
- -85.9501
- Latitude
- 38.4683
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
