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    1568 W Water St Borden, IN 47106
    Property profile & analytics

    1568 W Water St Borden, IN 47106


    • Theaters & concert halls
    • 4,380 SF
    • 3.67 lot acres
    Commercial Building on Hwy 60 For Sale
    $75,000

    Commercial Building on Hwy 60

    Commercial building with potential for various business uses.

    1568 W Water Street, Borden, IN 47106
    View Listing
    Property ID
    US31-0901693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Theaters & concert halls

    Property Details for 1568 W Water St

    Year built
    1955
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.67 lot acres
    Property size
    4,380 SF
    Property type
    Theaters & concert halls
    APN
    10-16-03-300-015.000-036
    APU
    101603300015000036

    Description

    This 3.67-acre commercial property, situated on Highway 60 just outside Borden, Indiana, presents a unique investment opportunity. The existing building, previously used as both office space for a trucking company and a church, offers significant adaptability. The property features a substantial concrete base and floor, ideally suited for the construction of a shop or warehouse. A pre-existing loading dock is conveniently located at the rear of the building, enhancing logistical efficiency. The property's zoning allows for a wide range of uses, including trucking, construction, multi-family housing, religious institutions, and retail businesses. This flexibility makes it an attractive prospect for diverse entrepreneurial ventures. The building's history demonstrates its suitability for various purposes, offering a solid foundation for future development. The property's highway frontage ensures high visibility and accessibility, a key advantage for any commercial enterprise. Note that an additional 9 acres of land, including two rental homes, are available for purchase separately (see MLS 202005310), presenting a potential expansion opportunity for the right buyer. This prime location and versatile property offer significant potential for substantial return on investment. The asking price is $75,000.


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    Location Insight

    • Map
    • Local Demand
    City
    Borden
    County
    Clark
    State
    Indiana
    Longitude
    -85.9711
    Latitude
    38.4763
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,933
    $91,800
    $77,400
    $169,200
    -
    $91,800
    $77,400
    $169,200
    View Listing
    More about this property
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