300 Pike StCharlestown, IN 47111

  • Retail space
  • 2,356 SF
For Sale
$269,900 View listing

Property Details for 300 Pike St

Year built
1999
Construction
WOOD
Lot size
0.33 AC
Property size (Sq ft)
2,356 SF
Property type
Retail space
APN
10-18-09-600-084.000-004
APU
101809600084000004

Description

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

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
$2,404
$38,100
$57,600
$95,700
-
$38,100
$57,600
$95,700

FAQs

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].