154 Main Cross Street, Charlestown, IN 47111

Retail-Commercial for Sale
Catylist Listing ID: 30275016
Property Subtypes: Street Retail
Building Size (RSF): 11,951 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $29.29 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/14/2018

Overview / Comments

Your next business site could be one quarter mile from the gateway to Charlestown, Indiana - highways 3 and 62 and Market Street in a building that once housed a well-loved grocery store. Part of building currently houses a popular auto supply company. Tenant wants to remain. Current month-to-month income - $1250 (renter pays utilities). The solid brick building with over 11,000 sq ft of usable space allows for many possible floor layouts. The building features 3 overhead doors (one used by current business, 2 in the empty space), and 3-phase electric. Charlestown welcomes retail businesses in the newly designated Downtown Historic (DH) district (formerly B1 retail). Combined with busy highways 3 and 62 so nearby, this downtown site could accomodate a sit-down restaurant for residents and travelers. Residents have also asked for an electronic/computer shop, camera store, picture framing shop, sporting goods, musical instruments and lessons, lawn and garden shop, appliance/television sales, auto repair. Or how about destination opportunities: specialty foods store, farmers market, flea market, gaming center, stores for confectionery, cigar, delicatessen, bikes, or hardware center, medical center? Or, how about this: a retail center with more than one business, related or not, all profiting while attracting travelers and contributing to the community? Which ever way you choose, your business will be the town's exclusive one. Don’t let this site get away from you!!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-18-11-700-869.000-004
Zoning: COMMERCIAL
Retail Clientele: General
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 787 6,462 22,044
Median Age: 38.15 36.69 37.02
Households: 325 2,459 7,895
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