29 Jackson St Sullivan, IN 47882-1503
This unique Sullivan, IN property, known as the Tindall Building, presents a compelling investment opportunity. Boasting a substantial 60,000 square feet, this building combines office space, warehouse facilities, and residential apartments, all generating current rental income. The building currently features sixteen offices, three of which are already leased, providing immediate cash flow. One office is pre-plumbed for a beauty salon, requiring only minimal finishing. High-speed fiber optic internet service is installed throughout, catering to modern business needs. A significant 8,000+ square foot warehouse space is available at the rear, complete with loading docks and high ceilings, offering considerable development potential for various uses. Adding to the income stream, three apartments are currently occupied and rented. The full walk-out basement is also leased to an established auction house. Situated on a 0.71-acre lot at 29 W Jackson Streets, this multi-faceted property offers a rare blend of income-generating assets and expansion possibilities. The asking price is $269,900. This is a truly exceptional opportunity for investors seeking a diverse and established portfolio addition.
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Tindall Building Apartment Building
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Mason's Lodge. #263 Community Center Temple
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.