AirBnB? - 2 Houses, 2 Parcels- By Hospital

Hospitality for Sale
Also listed as Retail-Commercial, Multi-Family
Catylist Listing ID: 30835795
Number of Units: 2 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $435,000
Unit Price: $217,500 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/21/2023

Overview / Comments

One price, 2 parcels, 2 homes, garage and shed. C-1 Zoned Currently with C-3 Proposed as per the City (Buyer to verify). Is this an AirBnB Corridor? Perhaps called "The AirBnb Hamlet?" Ask the City about the "Curb Appeal Grant Program" for residential. If approved, this could be 4-7 AirBnb units or Extended Stay units for those important family times where loved ones are at the hospital. Your stay is close, very short walk and near everything that makes this very convenient in times where being close is very important. Its literally across from the Hospital, surrounded by Hospital Owned Property and the Downtown Farmers Market adjoins the property adding to the social atmosphere when operating. A rocks throw to a GREAT Historic Downtown and guess what? Its experiencing a revitalization and is on the GROW! Come see whats new and come be a part of the renewed interest in Downtown Seymour. With more buildings being renovated, more new retail tenants and boutique shops, more new restaurants, 2 new City parks recently completed and opened to the public for family entertainment events with regular outdoor music, an interactive park in the middle of Downtown. The City Hall, US Post Office, Seymour Museum, hardware store, ice cream, financing, accountants, adult beverage (Beer Wine and Spirits) type establishments, real estate companies, wealth investment firm, bakery, automotive repair and services, legal services, some grocery opportunities, several church options, furniture store, music store, murals that promote art interest for Downtown featuring local Rocker John Mellencamp and so much with even more coming soon.

Additional Details

Nearest MSA: Seymour
County: Jackson
Tax ID/APN: 366618406007000009
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: St Louis Ave and Hwy 50
Largest Nearby Street: State Hwy 50
Highway Access: Immediate to Hwy 50 (just feet away) and 1 mile to I-65 interstate
Airports: Freeman Municipal Airport. Louisville (south) and Indianapolis
Site Description: Currently 2 well maintained homes, a garage, a shed and as mentioned could be 4-7 units as AirBnB if approved. Adjoins hospital property and the City Farmers Market in the Downtown Area, by Library, Churches, Food and Many Financial Services and more.
Area Description: A VERY inviting Historic Downtown. fantastic Architecture with much of the original work left in place today. City services, police, library and post office all within very short walking distance. Hospital across the street.
Nearby Attractions: Freeman Airport, Seymour Library, Southern Indiana Center for the Arts (often featuring performances and artwork by hometown Rocker John Mellencamp, Muscatatuck National Wildlife Refuge, Chateau de Pique Winery, Graves of the Reno Gang and more.
Total Number of Buildings: 4
Property Condition: Good
Roof Type: Gable
Exterior Description: Aluminum and Vinyl Siding
Parking Type: Surface
Parking Description: private surface parking on property, street parking out front and free City parking feet away.
Heat Type: Natural Gas
Interior Description: Home 1 (313 St Louis Ave) is unbelievably well maintained with much or the original wood crafting inside and out. Home 2 (319 St Louis Ave) is a two story also very well maintained and offers much of the original craftsmanship as well.
Zoning Description: Currently Zoned C-1 Neighborhood Commercial District though City has proposed changing it to C-3 Highway Commercial District
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Johnson
Legal Description: 313 St Louis Ave SHIELDS LOT 196 BLK W 319 St Louis Ave M.W. SHIELDS LOT 195 BLK W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,723 17,419 25,201
Median Age: 34.18 36.36 37.34
Households: 3,020 6,916 9,880


Photograph of Listing Agent

Michael A Kopp

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