favorite this post Property for Retail, Warehousing, Light Manufacturing - $124900 (Otwell, IN) hide this posting unhide

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2202 N SR 257

(google map)

This multi-use property is located midway between Jasper, Petersburg, and Washington, IN; with easy access to Evansville, Vincennes, Terre Haute, and beyond. Only fifteen minutes to I-69 or IN-50/150. The property has high visibility; located on IN 257, with a large (private) parking lot to the east, and the Community Center, Library, and Fire Station to the north.

The building was most recently used as a photography studio, so it is customer friendly, with bright rooms, and high ceilings. It would be well suited for retail, office, light manufacturing, or warehousing. For zoning purposes, most uses would be either permitted or grandfathered.

The building could be split into three commercial units for rental income or investment. Please check the floorplan in the photo section. The building is over 5000 square feet on the main level. The large room comprising the back half has a garage door, making it suitable for warehousing in a climate controlled space. Most of the building has laminate wood flooring over concrete slab.

On the main level, there is a customer restroom, and a utility restroom in the garage at the rear. There is a small (one bedroom) owner apartment upstairs.

The building is well insulated for energy efficiency. There are two separate natural gas heating/air conditioning systems- one for the front half, the other for the rear half, with an insulated wall between. Utility costs are available on request.

There is a single-phase 200 amp electrical panel, however, three phase power is available at the street Electrical service is from Dubois REC. The electrical wiring is up to date.

The building currently has two separate internet service providers: hardwire DSL service from the local telephone company, and PPoE (terrestrial microwave) service from Sitco in Evansville. The building has ethernet wiring, wiring for two phone lines, and TV cable wiring. Most of the wiring is home-run, making it easy to reconfigure.

Water and sewer are municipal, there is pipeline natural gas service From Vectren.

The furnishings and fixtures in the photos are not included, but are negotiable.

Due to a family situation, I must sell as soon as possible! My asking price is $124,900, but I am ready to negotiate for the right terms. I cannot do a rental or owner finance; I must cash out. Clean title is available with no known liens, covenants, or encumbrances. Call me at show contact info to arrange for a showing or to make your best offer.
  • do NOT contact me with unsolicited services or offers

post id: 6647960868


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