This exceptional 0.33-acre industrial property, located at 300 Pike Street in Charlestown, Indiana, presents a unique investment opportunity. Situated within the Charlestown Industrial Park, this building boasts unparalleled visibility from Highway 62, ensuring high traffic exposure for your business. The property is zoned I1 (Industrial One) and is conveniently located near the new Shadow Lake Development, offering access to a growing community. The building itself features several garage spaces, including a 36 x 20 Quonset Hut garage equipped with electricity and a concrete floor, providing ample storage and workspace. Additional amenities include offices, a reception area, and a covered porch. A fenced area with a folding gate and electric slide opener enhances security. Both indoor and outdoor parking options are available. The property also features a lighted 25-foot sign facing both directions of Highway 62, maximizing visibility. The interior layout is flexible, with non-load-bearing walls that can be removed to create open space. Climate control is ensured with a central HVAC system and three mini-split systems. This property is located within the Charlestown Historical District, making it eligible for facade grants, offering potential cost savings for renovations or improvements. This is a truly remarkable opportunity to establish or expand your business in a prime Charlestown location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$618,282
6.5%
$570,722
7%
$529,956
Comparable approach
Method
Valuation
Relative Method
$511,067
Geo Method
$511,067
Alternative Use
Use
Valuation
Residential
$481,426
Hospitality
$440,983
Educational
$366,893
Medical
$379,511
Retail
$570,722
Location Insight
City
Charlestown
County
Clark
State
Indiana
Latitude
38.4337
Longitude
-85.6627
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Learn more
Useful Information
Request information
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.