1568 Water St Borden, IN 47106
- Theaters & concert halls
- 4,380 SF
- 3.67 lot acres
Current Use by Public Records
- Theaters & concert halls
Property Details for 1568 Water St
- Year built
- 1955
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.67 lot acres
- Property size
- 4,380 SF
- Property type
- Theaters & concert halls
- APN
- 10-16-03-300-015.000-036
- APU
- 101603300015000036
Description
This 3.67-acre commercial property, situated on Highway 60 just outside Borden, Indiana, presents a unique investment opportunity. The existing building, previously used as both office space for a trucking company and a church, offers significant adaptability. The property features a substantial concrete base and floor, ideally suited for the construction of a shop or warehouse. A pre-existing loading dock is conveniently located at the rear of the building, enhancing logistical efficiency. The property's zoning allows for a wide range of uses, including trucking, construction, multi-family housing, religious institutions, and retail businesses. This flexibility makes it an attractive prospect for diverse entrepreneurial ventures. The building's history demonstrates its suitability for various purposes, offering a solid foundation for future development. The property's highway frontage ensures high visibility and accessibility, a key advantage for any commercial enterprise. Note that an additional 9 acres of land, including two rental homes, are available for purchase separately (see MLS 202005310), presenting a potential expansion opportunity for the right buyer. This prime location and versatile property offer significant potential for substantial return on investment. The asking price is $75,000.
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
- Borden
- County
- Clark
- State
- Indiana
- Longitude
- -85.9711
- Latitude
- 38.4763
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA