3106 Middle Rd, Jeffersonville, IN 47130-5576
This exceptional 6,303-square-foot commercial property, located at 3106 Middle Road in Clark County, presents a unique investment opportunity. Built in 1984 and situated on a 1.76-acre lot, this single-story building has undergone a complete renovation, resulting in a "like-new" condition. The expansive interior features a large open space easily adaptable with accordion-style wall partitions, a fully equipped kitchen, two bars, and multi-stall restrooms. The property boasts ample parking with over 80 spaces. The current lease is $3,750 per month plus utilities, with the tenant responsible for all interior and exterior maintenance. The C1 zoning allows for a variety of uses, making it ideal for events, fitness centers, churches, or non-profit organizations. The building is further enhanced by two HVAC units and a recently installed roof. The property's APN is 10-04-01-200-438.000-005. This turnkey property offers significant potential for a variety of businesses seeking a well-maintained, versatile space with excellent parking.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.