101 3rd St Boonville, IN 47601-1508
- Retail space
- 5,175 SF
- 0.08 lot acres
Current Use by Public Records
- SassaFrassy's / Antique Store / Gift Shop
Property Details for 101 3rd St
- Year built
- 1901
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Property size
- 5,175 SF
- Property type
- Retail space
- APN
- 87-09-26-404-111.000-003
- APU
- 870926404111000003
Description
This exceptional property, located at 101 N 3rd Street in the heart of Boonville, Indiana, presents a unique investment opportunity. The two-story brick building boasts approximately 4,700 square feet of commercial space, currently configured as retail. Large, inviting front windows flood the interior with natural light. The ground floor features a functional garage door, adding versatility for various business uses. A mezzanine level provides additional retail space, expanding the overall usable area. The building's historical charm is complemented by recent updates throughout. Adding to its appeal is a completely renovated, approximately 2,025 square foot, three-bedroom, two-bathroom apartment. This residential unit offers a private entrance and stunning city views, complete with modern appliances. The apartment is a separate income-generating opportunity or could serve as owner-occupied space. The 0.08-acre lot provides ample space for the building and offers convenient access to the town square. The property is being offered in "AS IS" condition. A detailed list of recent building updates is available upon request. This mixed-use property is ideal for an investor seeking a blend of commercial and residential income streams in a desirable downtown location. The building's history, combined with its modern updates, creates a truly unique and attractive investment opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $290,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $273,000
Market price range: $159k - $514k
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Location Insight
- Map
- Local Demand
- City
- Boonville
- County
- Warrick
- State
- Indiana
- Longitude
- -87.274
- Latitude
- 38.0501
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA