209 Main St Milltown, IN 47145

This unique property at 209 Main Street, Milltown, Indiana, presents a compelling investment opportunity for a buyer with vision. Priced at $27,000, this property consists of a main building and an additional structure located at the rear of the lot. Both buildings require a complete rehabilitation. The main building is situated in a high-traffic area of downtown Milltown, offering excellent potential for a variety of commercial uses once renovated. A significant advantage is the recently installed 200-amp electrical service, providing a solid foundation for future improvements. However, potential buyers should be aware that the entire property is located within a designated flood plain. This necessitates careful consideration of flood mitigation strategies and insurance requirements during the planning and development phases. The property's size, in terms of square footage and lot acreage, is not currently specified. The existing structures offer a blank canvas for a creative developer to transform this downtown Milltown location into a thriving business. Serious inquiries are encouraged to explore the possibilities of this unique investment. Due diligence is recommended to fully assess the property's condition and potential.