Catylist ID: #29598127
4th Street, 111 NW / #2196
Retail-Commercial for Sale
|Catylist Listing ID:||29598127|
|Property Subtypes:||Free-Standing Building, Mixed Use, Street Retail, Tavern/Bar/Nightclub, Other|
|Building Size (RSF):||19,900 SF|
|Gross Land Area:||8,300 SF|
|Unit Price:||$22.61 PSF|
|In Opportunity Zone?||Yes|
|Property Use Type:||Vacant/Owner-User|
|Building Name:||The Landmark Building|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
The Historic Landmark Building for Sale, is now offering leasing options for 3,900-8,000 SF at $11/SF. All other expenses including water, gas, electric and real estate taxes will be included in the rent payment.
- 8,000 +/- SF 1st Floor Finished Area – The SMILE Organization occupies ¼ of the 1st floor and are on a month - month lease. 1st floor has stage area and was also once home to a coffee shop.
- 3,900 +/- SF 2nd Floor Finished Office space is READY for a new tenant
- 8,000 SF basement is primarily finished and has great storage, offices and a radio station with a recording booth
The LANDMARK Building was constructed by Colonel William H. McCurdy. This two story limestone structure was designed in 1915 by Shopbell & Company to accommodate commercial tenants on the first floor and offices on the 2nd floor. In 1944 it became part of Sears, Roebuck & Company until closing in 1975.
All showings must be scheduled with the Listing Agent.
|Finance Data Year||2014|
|Tax Value Land||$74,700|
|Tax Value Improvements||$55,300|
|Tax Value Personal Property||$130,000|
|Assessed Value - Total($)||$130,000 (Annual)|
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Recreation, Convention|
|Feet of Frontage:||83|
|Site Description:||Downtown History Building|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Construction/Siding:||Brick, Granite, Steel Frame, Stone|
|Heat Type:||Electricity, Space Heaters|
|Heat Source:||Baseboard, Central|
|Air Conditioning:||Engineered System|
|Interior Description:||Average and with the exception of the area of SMILE the building has LED lighting including D.A.D.S. on the 2nd floor.|
|Land Ownership:||YOUTH INCORPORATED OF SOUTHERN INDIANA|
|Legal Description:||DONATION ENL 10.75 FT L 210 & 72 FT L 211 PIGEON TOWNSHIP TOWNSHIP 82-06-30-020-026.005-029|
|Proximity:||1 mile||3 miles||5 miles|
Joe KastleWoodward Commercial Realty, Inc.
|The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|