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    707 State St Newburgh, IN 47630

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    707 State St Newburgh, IN 47630


    • Turn key restaurants
    • 10,314 SF
    • 1.63 lot acres
    Retail Space in Newburgh For Lease
    $525,000

    Retail Space in Newburgh

    Retail space available immediately in Newburgh, Indiana.

    707 State St, Newburgh, IN 47630
    View Listing
    Property ID
    US31-2658567
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $525,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Newburgh Tavern / Bar & Pub
    • The Tin Fish / Restaurant
    • Chinnos - Newburgh / Hair Salon

    Property Details for 707 State St

    Year built
    2018
    Construction
    WOOD
    Lot size
    1.63 lot acres
    Property size
    10,314 SF
    Property type
    Turn key restaurants
    APN
    87-12-34-402-014.000-014
    APU
    871234402014000014

    Description

    This exceptional 1,237 square foot retail storefront is located at 707 State Street in Newburgh, Indiana, within a larger 10,314 square foot building constructed in 2018. The property sits on a 1.63-acre lot, offering ample space and visibility. Currently, one suite is immediately available, boasting a lease rate of $2,250 per month, triple net (NNN). This space is part of a multi-tenant building with a total of four suites. The property enjoys a highly desirable location at the intersection of Sharon Road and State Street, benefiting from significant traffic volume, averaging 6,264 cars per day. The building is zoned commercial and features a convenient location anchored by the popular Tin Fish Restaurant, ensuring high foot traffic and visibility for your business. The property's APN is 87-12-34-402-014.000-014, and it is situated in Warrick County. This is a fantastic opportunity for a business seeking a well-located, modern retail space in a thriving area. The minimum divisible space is 1,237 square feet.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $400,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $653,000
      Market price range: $529k - $1.28M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $780,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Warrick
    State
    Indiana
    Longitude
    -87.4044
    Latitude
    37.9509
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,963
    $189,100
    $1,011,000
    $1,200,100
    -
    $189,100
    $1,011,000
    $1,200,100
    View Listing
    More about this property
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