Heart of Newburgh - 121 Plum St

Retail-Commercial for Sale
Catylist Listing ID: 30722550
Building Size (RSF): 826 SF
Sale Price: $199,900
Unit Price: $242.01 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/3/2021

Overview / Comments

Welcome to The Heart Of Newburgh... No, literally, this building and the one behind (also for sale) have been home to the unique small business The Heart of Newburgh for many, many, years. This building, which was an original home and could easily be taken back to a residence, has 4/5 rooms on the main level, all of which have wood flooring (except the room off the back) and all boast tall ceilings with a ton of natural light. The front of the building/home sits one block off west of Jennings, on the corner of Hwy 662 and Plum, a perfect location to be "seen". A nicely designed retaining wall and sidewalks are kept by the city and lead directly to the wonderful covered front porch. A new roof was put on in Aug. of 2020. It does have a half bath, but there is room to install a shower and restore it to a full bath. While this building does not have a garage, there is plenty of off-street parking on the side of the home.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $1,125 (Annual)
Tax Value Land $38,300
Tax Value Improvements $17,700
Assessed Value - Total($) $56,000 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $1,116 (Annual)
Tax Value Land $38,300
Tax Value Improvements $18,800
Assessed Value - Total($) $57,100 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $1,050 (Annual)
Tax Value Land $40,300
Tax Value Improvements $12,700
Assessed Value - Total($) $53,000 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $1,037 (Annual)
Tax Value Land $40,300
Tax Value Improvements $12,700
Assessed Value - Total($) $53,000 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $1,042 (Annual)
Tax Value Land $40,300
Tax Value Improvements $12,700
Assessed Value - Total($) $53,000 (Annual)

Additional Details

Nearest MSA: Evansville
County: Warrick
Tax ID/APN: 87-15-03-100-009.000-014
Retail Clientele: General
Property Located Between: SR 662 & Plum St
Property Visibility: Excellent
Largest Nearby Street: Jennings St
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 826 SF
Property Condition: Good
Year Built: 1920
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Cable
Zoning Description: C-1
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT FRAC. S3 T7 R9. .25 A.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,388 31,281 63,966
Median Age: 39.66 39.6 39.28
Households: 2,283 12,426 26,963

Contact

Photograph of Listing Agent

Ryan Miller

ERA First Advantage Realty, Inc.
ICREX Member
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