4199 Old State Route 261Newburgh, IN 47630

For Sale
$449,000
Two-building office, 8,490 SF, $449K

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional commercial property in Newburgh, Indiana, presents a rare opportunity. The offering encompasses two spacious, two-story office buildings totaling 8,490 square feet on a 1.2-acre lot. Built in 1910 and 2000, the buildings boast excellent visibility from Old State Route 261, a high-traffic area with an average annual daily traffic count of 10,019 vehicles. The property is conveniently located just 0.2 miles from Indiana State Route 66. The first floor of one building is currently tenant-occupied. The property includes ample parking with 20 spaces and is zoned for commercial use. The asking price is $449,000, translating to $52.89 per square foot. The property's location offers proximity to various businesses, including Newburgh Tax Service, Salsarita's, Newburgh Powersports, and Radiant Wellness Therapies. The property's parcel number is 87-12-26-100-118.000-019. This is an ideal investment for those seeking a well-located, established office complex in a thriving Indiana community.

Highlights

  • $449,000 asking price for this office property.
  • Two 2-story office buildings totaling 8,490 square feet.
  • Located on a 1.2-acre lot in Newburgh, Indiana.
  • 20 parking spaces available.
  • High visibility from Old State Route 261, with 10,019 AADT.

Property Details for 4199 Old State Route 261

Property type
Office properties
Square Feet
8,490 SF
Year Built
1910
Buildings
2
Stories
2
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Newburgh
County
Warrick
State
Indiana
Latitude
37.973637420301
Longitude
-87.39321565819
4199 Old State Route 261, Newburgh, Indiana

FAQs

What type of property is this?
Office property - Two-building office, 8,490 SF, $449K
Where is the office property located?
The property is located at 4199 Old State Route 261 Newburgh, IN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: $449,000 asking price for this office property.; Two 2-story office buildings totaling 8,490 square feet.; Located on a 1.2-acre lot in Newburgh, Indiana.
How can I contact the broker?
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4199 Old State Route 261
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