114 Chestnut StSeymour, IN 47274

Property Details for 114 Chestnut St

Year built

1900

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

1,640 SF

Property type

Office properties

APN

36-66-17-317-066.000-009

APU

366617317066000009

Description

This charming 1,640 square foot executive office building, located at 114 S Chestnut Street in Seymour, Indiana, presents a unique investment opportunity. Built in 1900, this single-story building sits on a 0.06-acre lot (2600 square feet) and is zoned C-4. The property boasts a classic design with modern updates, including a recently installed roof and other recent upgrades. The interior layout is ideal for a variety of businesses, featuring a welcoming reception area, four private offices, a full bathroom, a dedicated conference/break room, and ample storage space. Its prime downtown location offers excellent visibility and accessibility. This property is eligible for historic tax incentives, making it an even more attractive investment. The APN is 366617317066000009. This is a rare chance to acquire a well-maintained, historically significant commercial property in a thriving Indiana community. The asking price is $129,900. Don't miss this opportunity to own a piece of Seymour's history.

• CAP approach

  CAP return

  Valuation

  6%

  $202,301

  6.5%

  $186,740

  7%

  $173,401

• Comparable approach

  Method

  Valuation

  Relative Method

  $141,171

  Geo Method

  $141,171

• Alternative Use

  Use

  Valuation

  Residential

  $231,557

  Hospitality

  $212,105

  Educational

  $176,469

  Medical

  $182,538

  Retail

  $274,508

Location Insight

City

Seymour

County

Jackson

State

Indiana

Latitude

38.9575

Longitude

-85.8902

CBSA code

42980

CBSA name

SEYMOUR, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].