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Property profile & analytics
FOR SALE
Retail space

300 Pike St Charlestown, IN 47111

2,356 SF 0.33 ac lot Built 1999
Entity Owned 2-yr Hold Free & Clear
Property ID
US31-1307853
Property summary
AI-generated overview

This exceptional 0.33-acre industrial property, located at 300 Pike Street in Charlestown, Indiana, presents a unique investment opportunity. Situated within the Charlestown Industrial Park, this building boasts unparalleled visibility from Highway 62, ensuring high traffic exposure for your business. The property is zoned I1 (Industrial One) and is conveniently located near the new Shadow Lake Development, offering access to a growing community. The building itself features several garage spaces, including a 36 x 20 Quonset Hut garage equipped with electricity and a concrete floor, providing ample storage and workspace. Additional amenities include offices, a reception area, and a covered porch. A fenced area with a folding gate and electric slide opener enhances security. Both indoor and outdoor parking options are available. The property also features a lighted 25-foot sign facing both directions of Highway 62, maximizing visibility. The interior layout is flexible, with non-load-bearing walls that can be removed to create open space. Climate control is ensured with a central HVAC system and three mini-split systems. This property is located within the Charlestown Historical District, making it eligible for facade grants, offering potential cost savings for renovations or improvements. This is a truly remarkable opportunity to establish or expand your business in a prime Charlestown location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Construction WOOD
Total area 2,356 SF
Lot 0.33 ac (14,418 SF)
APN 10-18-09-600-084.000-004
UPID US31-1307853
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Allen's Heating & Air inc HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lubeal Holdings LLC · 2 yrs held
Lubeal Holdings LLC
since 2023
Last sale
$263,900
2 recorded transactions
2023
Price N/A
2023
$263,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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