1626 Spring St Jeffersonville IN, Jeff, IN 47130
For Sale
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This exceptional 1,620 square foot commercial property, located at 1626 Spring Street in Jeffersonville, Indiana, presents a unique investment opportunity within the burgeoning Claysburg revitalization project. Currently operating as a barber shop, this building boasts a rich history, having previously served as a Sonic Drive-In. Its strategic location places it at the heart of significant upcoming developments, promising substantial future growth and increased property value. The 0.58-acre lot offers ample space for potential expansion or outdoor amenities. The property's versatile layout and prime location make it ideal for a variety of commercial uses, catering to the evolving needs of the revitalized Claysburg neighborhood. This is a chance to capitalize on the significant investment and development occurring in this area, securing a foothold in a rapidly transforming commercial landscape. The property is priced at $1,500,000 and offers significant potential for return on investment given the planned improvements and increased foot traffic anticipated in the Claysburg area. Detailed plans for the Claysburg neighborhood revitalization are available online. This is a rare opportunity to acquire a well-positioned commercial property in a high-growth area.
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Nu Look Barber & Styling Shop Barber Shop
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.