501 Market St Charlestown, IN 47111

Property Details for 501 Market St

Year built

1950

Construction

TYPE NOT SPECIFIED

Lot size

0.28 lot acres

Property size

1,269 SF

Property type

Office Properties & Spaces

APN

10-18-11-700-196.000-004

APU

101811700196000004

Description

This exceptional commercial property, located at 501 Market Street in Charlestown, Indiana, presents a lucrative investment opportunity. Situated on a 0.26-acre lot directly on the four-lane Highway 3 (Market Street), this office building benefits from high visibility and easy access. Its advantageous position adjacent to Charlestown Park provides a desirable setting for a variety of businesses. Currently leased to a reliable tenant, this property offers immediate and consistent rental income. The existing lease agreement ensures a secure return on investment until April 30, 2025. This provides a substantial period of guaranteed income for the new owner, minimizing risk and maximizing potential returns. Charlestown is experiencing significant growth, creating a thriving business environment. This property's location within this dynamic city makes it an attractive investment for both established businesses and savvy investors seeking a strong return. The property's size, while not specified in square footage, offers a substantial space for a variety of commercial uses, capitalizing on the high traffic volume of Market Street and the proximity to Charlestown Park. This is a rare opportunity to acquire a well-situated, income-generating commercial property in a rapidly developing area. Don't miss this chance to add a valuable asset to your portfolio.

Location Insight

City

Charlestown

County

Clark

State

Indiana

Longitude

-85.6644

Latitude

38.445

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments