103 Tyson St Versailles, IN 47042-8035
- Residential income homes
- 4,587 SF
- 0.18 lot acres
Current Use by Public Records
- The Hassmer House / Restaurant
Property Details for 103 Tyson St
- Year built
- 1830
- Construction
- WOOD
- Lot size
- 0.18 lot acres
- Property size
- 4,587 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 69-13-12-221-108.000-014
- APU
- 691312221108000014
Description
This exceptional commercial property, situated on the historic courthouse square in Versailles, Indiana, presents a unique investment opportunity. The 0.18-acre lot houses a building ideally positioned to capitalize on the area's burgeoning tourism and local patronage. Versailles enjoys a vibrant culinary scene, boasting numerous restaurants, pubs, breweries, and wineries, attracting both locals and visitors. Its convenient location, approximately 40 minutes or less from several Indiana towns (including Greensburg, Madison, Batesville, Brookville, St. Leon, Lawrenceburg, Aurora, Bright, Rising Sun, and Harrison) and within an hour's drive of Cincinnati, Ohio, ensures a wide customer base. The property is perfectly suited to benefit from the increasing popularity of day trips, casino visits, and outdoor tourism in southeastern Indiana. This building embodies the current trend of repurposing vintage structures, offering a blend of historical charm and modern adaptability. The property's prime location on the courthouse square provides excellent visibility and accessibility. This is an exceptional chance to acquire a piece of Versailles's rich history and participate in its continued growth. The auction concludes March 7th, 2025, at 7 PM. This is a rare opportunity to own a piece of this thriving community.
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
- Versailles
- County
- Ripley
- State
- Indiana
- Longitude
- -85.2515
- Latitude
- 39.0713
