Yorktown Indiana Development Site

9220 W Smith St, Yorktown, Indiana 47396

  • Property Subtypes Street Retail
  • Building Size (RSF) 3,072 SF
  • Gross Building Area 3,072 SF
  • Building Status Existing
  • Sale Price $295,000.00 Total
  • Unit Price $96.03 per SF
  • Property Use Type Business
  • Class of Space N/A
  • Total Land Size 0.4 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 9/23/2019
  • Status outdated

Overview / Comments

Great opportunity to get in on the ground floor of the resurgence and rebuilding in the Town of Yorktown. This quarter block located across from Chase Bank and Speedway in the heart of Yorktown. This location is 1/2 block from the new City building currently under construction. Current and potential income from the three structures and parking lot amount can provide the owner with over $2,500 per month in gross income. All of the structures are in good condition and fully occupied and provide an interim income source or service debt until the property is redeveloped for it's future use. This is also a prime current development site for a variety of businesses that could benefit from the high income demographics in this community near the I-69 corridor. The highly regarded 5 Star school system in the Yorktown community guarantees future housing growth and increasing home values.

Additional Details

  • Tax ID/APN 181022156016000017
  • Zoning C-1 Small/Medium Commercial
  • Property Visibility Excellent
  • Total Number of Buildings 3
  • Number of Stories 1.5
  • Year Built 1890
  • Year Renovated 2019
  • Zoning Description C-1 Small/Medium Commercial