510 Spg St, Jeffersonville, IN 47130-3554
This exceptional 13,801-square-foot commercial property at 510 Spring Street in Jeffersonville, Indiana, presents a unique investment opportunity. Built in 1970, this two-story building features a single tenancy and is situated on one acre of land. The property includes an elevator and boasts a prime location in a historic district, potentially qualifying for tax credits. Located minutes from downtown Jeffersonville and the riverfront, it offers easy access to the vibrant restaurant and retail scene. A short 10-minute drive takes you to Louisville's NULU and Butchertown neighborhoods. The building's frontage benefits from a city-maintained park. The seller is open to build-to-suit options, and additional parcels behind the building may be included in the sale. Architectural plans for a potential Airbnb conversion are also available. The CD zoning allows for diverse uses, including retail, restaurant, office, medical, or even high-end boutique apartments. This property combines historic charm with significant potential for a variety of commercial ventures. The property's APN is 13,801.
-
Elizabeth Smoot Physician
-
Anna Reyes-Crawhorn Physician
-
Audra Summers Physician
-
Jennifer Parr Physician
-
Mary Mcandrews Physician
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
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.