111 Walnut StEdinburgh, IN 46124

  • Theaters & concert halls
  • 4,640 SF
For Sale
$800,000 View listing

Property Details for 111 Walnut St

Year built
1930
Construction
WOOD
Lot size
0.16 AC
Property size (Sq ft)
4,640 SF
Property type
Theaters & concert halls
APN
41-12-34-031-024.000-002
APU
411234031024000002

Description

This iconic 10,583-square-foot building, located at 111 S Walnut Street in the heart of Edinburgh, Indiana, presents a unique investment opportunity. The historic Pixy Theater boasts a beautifully maintained brick exterior and interior structure, offering a solid foundation for a variety of uses. Its prime downtown location provides excellent visibility and accessibility. The property sits on a 0.16-acre lot, providing ample space for potential expansion or outdoor amenities. The building's substantial size and character make it ideal for a range of ventures, including a revitalized theater, an event space, retail establishments, or creative studios. The existing structure provides a blank canvas for adaptive reuse, allowing for the creation of a truly unique and memorable space. This is a rare chance to acquire a piece of Edinburgh's history and shape its future. The asking price for this landmark property is $750,000. Serious inquiries are encouraged. The property is zoned for commercial use. The building's interior is ready for renovation and customization to suit the buyer's specific needs. This is a prime opportunity for an investor or entrepreneur looking for a high-impact project in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $655,138
    Hospitality
    $600,103
    Educational
    $499,278
    Medical
    $516,449
    Retail
    $776,655

Location Insight

City
Edinburgh
County
Johnson
State
Indiana
Latitude
39.3534
Longitude
-85.9662
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,981
$23,300
$173,400
$196,700
-
$23,300
$173,400
$196,700

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