227 Water StBorden, IN 47106

Property Details for 227 Water St

Year built

1955

Construction

TYPE NOT SPECIFIED

Lot size

0.40 AC

Property size (Sq ft)

2,500 SF

Property type

Warehouses

APN

10-16-00-300-459.000-036

APU

101600300459000036

Description

This exceptional commercial property, located at 227 Water Street in Borden, Indiana, presents a unique investment opportunity. The building boasts a total of 2500 square feet situated on a half-acre lot, offering ample space and significant parking. A recent remodel in 2018 ensures modern functionality. The property includes a 700-square-foot office area, complete with a half-bath and ductless HVAC system, currently available for lease at $750 per month, potentially including a utility allowance. The remaining space provides versatile storage options. The building's design allows for easy divisibility, catering to a range of commercial uses including retail, office space, storage, or even light industrial/mechanical applications. Its convenient location offers excellent highway road frontage, ensuring high visibility and accessibility. Utilities are readily available through Borden Tri-County Water, Borden Sewer, and Duke Energy. The seller is open to leasing the entire building, providing flexibility for potential buyers or tenants. This property is ideal for entrepreneurs seeking a well-maintained space with significant potential in a scenic, thriving community. The combination of its size, location, and recent renovations makes this an attractive investment opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $352,984

  Hospitality

  $323,331

  Educational

  $269,008

  Medical

  $278,259

  Retail

  $418,457

Location Insight

City

Borden

County

Clark

State

Indiana

Latitude

38.4683

Longitude

-85.9501

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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