Retail-Commercial Opportunity

5555 Stacer Rd, Newburgh, Indiana 47630

  • Property Subtypes Free-Standing Building , Convenience Store , Street Retail , Restaurant
  • Building Size (RSF) 2,440 SF
  • Gross Building Area 2,440 SF
  • Building Status Existing
  • Sale Price $225,000.00 Total
  • Unit Price $92.21 per SF
  • Property Use Type Vacant/Owner-User
  • Class of Space N/A
  • Total Land Size 1.63 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 12/6/2019
  • Days on Market 1637 Days
  • Status active

Overview / Comments

This property abuts the I-69 exit ramp on Covert Avenue (State Road 662) and is ideal for a restaurant, strip center or C-Store. The surrounding area consists of residential, commercial, retail and service oriented businesses. The owner will cooperate with rezoning and this property is one of only a few remaining building sites with exposure from I-69 and State Road 662. There is also an adjoining .881 acre parcel that is available as well with 325' of Covert Avenue frontage which allow these properties excellent visibility and countless opportunities !!!

Financials

  • Finance Data Year 2019
  • Real Estate Taxes - Annual($) 621.12

Additional Details

  • Tax ID/APN 87-12-32-300-049.000-019
  • Zoning R-1A
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 1940-01-01 00:00:00
  • Year Renovated 2012-01-01 00:00:00
  • Tax Auth Warrick County