128 Bell Ave Clarksville, IN 47129-1850
This exceptional commercial property at 128 E Bell Avenue in Clarksville, Indiana, presents a unique investment opportunity. The building offers approximately 5520 square feet of open space and offices, with a notable feature: a fully equipped theater/stage area. Currently used as a dance studio, this adaptable space is primed for a variety of uses. Imagine the possibilities – a thriving performance venue, a creative workspace, or a unique retail experience. The building's layout allows for flexibility, catering to diverse business needs. The seller estimates the total square footage to be closer to 6800 square feet, with the possibility of a second-floor loft area. However, potential buyers are encouraged to verify the exact square footage independently. This property boasts a prime location, close to shops, retail establishments, and residential areas, ensuring high visibility and accessibility. Its proximity to a Southern Indiana bike-walking trail stop further enhances its appeal, providing convenient access for residents of Jeffersonville, Clarksville, and New Albany. The property is zoned B2, offering a range of permitted commercial uses. The motivated seller is open to considering a sale/leaseback arrangement, making this an even more attractive proposition. Don't miss this chance to acquire a versatile and well-situated commercial property with significant upside potential.
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
Similar Nearby for Lease
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.