111 Walnut St Edinburgh, IN 46124-1423
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.