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Property profile & analytics
OFF-MARKET
Theaters & concert halls

111 Walnut St Edinburgh, IN 46124-1423

4,640 SF 0.16 ac lot Built 1930
Individually Owned 18-yr Hold Free & Clear
Property ID
US31-0645507
Property summary
AI-generated overview

This iconic 10,583-square-foot building, located at 111 S Walnut Street in the heart of Edinburgh, Indiana, presents a unique investment opportunity. The historic Pixy Theater boasts a beautifully maintained brick exterior and interior structure, offering a solid foundation for a variety of uses. Its prime downtown location provides excellent visibility and accessibility. The property sits on a 0.16-acre lot, providing ample space for potential expansion or outdoor amenities. The building's substantial size and character make it ideal for a range of ventures, including a revitalized theater, an event space, retail establishments, or creative studios. The existing structure provides a blank canvas for adaptive reuse, allowing for the creation of a truly unique and memorable space. This is a rare chance to acquire a piece of Edinburgh's history and shape its future. The asking price for this landmark property is $750,000. Serious inquiries are encouraged. The property is zoned for commercial use. The building's interior is ready for renovation and customization to suit the buyer's specific needs. This is a prime opportunity for an investor or entrepreneur looking for a high-impact project in a thriving community.

Property profile
Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1930
Construction WOOD
Total area 4,640 SF
Lot 0.16 ac (6,800 SF)
APN 41-12-34-031-024.000-002
UPID US31-0645507
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael V Harding · 18 yrs held
Michael V Harding
since 2008
1 recorded transaction
2008
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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