511 Newton St

511 Newton St, Jasper, Indiana 47546

  • Property Subtypes Mixed Use , Free-Standing Building , Other
  • Building Size (RSF) 16,988 SF
  • Gross Building Area 16,988 SF
  • Building Status Vacant/Owner-User
  • Sale Price $650,000.00 Total
  • Unit Price $38.26 per SF
  • Property Use Type Vacant/Owner-UserInvestment
  • Class of Space N/A
  • Total Land Size 0.39 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 11/23/2020
  • Days on Market 48 Days
  • Status active

Overview / Comments

Location, Location, Location. No need to advertise here! This commercial building with 17,131 total sq. ft. and elevator to all three floors has incredible visibility at the busiest intersection in Jasper. On the main floor you will find a large open area that would make great retail space, but could also be used in many other ways. This area is adjoined to three offices and a restroom, and a drive through window. There is a second, smaller area on the main floor that could be leased separately, and has it's own outside entrance off of Newton St. There are two more, separate offices/rooms and a restroom on the main floor. Upstairs you have the opportunity to utilize or lease several distinct spaces, a few of which could be combined and used together. The upper southwest area has a lobby, front desk with reception window, four offices and a work room. The upper southeast area has two separate spaces, each with small lobbies and offices. The upper northeast area has a large open room flanked by two offices. The upper northwest area has multiple work areas and a large room with high ceilings. All of these spaces enjoy abundant natural light from all of the windows. There are also two more restrooms upstairs. Downstairs you will find a large conference room, five offices, a kitchen area, a workroom with reception window, and ample bonus storage space. Outside is a paved parking lot with nice landscaping. This is a great investment opportunity! "Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Additional Details

  • Tax ID/APN 19-06-35-102-531.000-002
  • Property Visibility N/A
  • Total Number of Buildings 1
  • Year Built 1948

Original text