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    Property profile & analytics

    820 Main St Charlestown, IN 47111

    • Retail space
    • 5,499 SF
    • 0.27 lot acres
    For Sale
    View listing
    $495,000
    Value Estimation
    Last Sale
    Mar 09, 2023
    $495,000
    Location Intelligence
    Property ID
    US31-2381850
    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.

    Current Use by Public Records

    • Pampered Pups Dog Grooming / Pet Groomer

    Property Details for 820 Main St

    Year built
    1968
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.27 lot acres
    Property size
    5,499 SF
    Property type
    Retail space
    APN
    10-18-11-700-925.001-004
    APU
    101811700925001004

    Description

    This exceptional commercial property, located at 820 Main Street in Charlestown, Indiana, presents a unique investment opportunity. Situated on a 0.27-acre lot at the corner of Main Street and Market Street (Highway 3), this high-visibility building enjoys a prime location at the entrance to Charlestown City Square. Its strategic position benefits from significant traffic flow, particularly amplified during the winter months due to the popular Christmas light display. The building itself offers ample space, currently configured with office areas, restrooms, and a basement for storage. A notable feature is the absence of load-bearing walls separating the two existing spaces, allowing for flexible configuration to suit a variety of business needs. The property's zoning permits a wide range of commercial uses, including retail, service sector, and office spaces. Potential business owners may also be eligible for Charlestown Redevelopment funds to assist with facade improvements. Convenient rear alley access and ample on-street parking further enhance the property's appeal. This is an ideal opportunity to establish or expand a business in a thriving, re-developing area, close to key locations such as River Ridge, Shadow Lake, and City Hall.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $475,000
      6.5%
      $470,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $540,000
      Mixed-Use
      $435,000
      Hospitality
      $490,000
      Educational
      $415,000
      Residential Income
      $540,000
      Energy
      $490,000
      Income-Based Land
      $490,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    Charlestown
    County
    Clark
    State
    Indiana
    Longitude
    -85.6616
    Latitude
    38.4428
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN 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
    $4,022
    $43,400
    $116,700
    $160,100
    -
    $43,400
    $116,700
    $160,100

    Comparable in this City

    • Value Estimation by Request
      5.20 Acres

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      312 SF

      990 Market St

      RETAIL STORES (PERSONAL SERVICES) • 312 SF
      990 Market St, Charlestown, IN 47111-1900
      View Details
    • Value Estimation by Request
      1,246 SF

      High St

      RETAIL STORES (PERSONAL SERVICES) • 1,246 SF
      High St, Charlestown, IN 47111
      View Details
    • Value Estimation
      $325,000
      2,470 SF

      318 Main Cross St

      RETAIL STORES (PERSONAL SERVICES) • 2,470 SF
      318 Main Cross St, Charlestown, IN 47111-1230
      View Details
    • Value Estimation
      $445,000
      14,920 SF

      921 Market St

      RETAIL STORES (PERSONAL SERVICES) • 14,920 SF
      921 Market St, Charlestown, IN 47111-1930
      View Details
    • Value Estimation by Request
      4,048 SF

      101 Stacy Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,048 SF
      101 Stacy Rd, Charlestown, IN 47111
      View Details

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    Similar Nearby for Lease

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    820 Main St
    Charlestown, IN 47111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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