820 Main St Charlestown, IN 47111
For Sale
1 / 27
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.
-
Pampered Pups Dog Grooming Pet Grooming Service
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.