423 4Th StHuntingburg, IN 47542

Property Details for 423 4Th St

Year built

1900

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

3,916 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

19-11-34-301-807.000-020

APU

191134301807000020

Description

This exceptional commercial property, located at 423 E 4th Street in the heart of historic Huntingburg, Indiana, presents a unique investment opportunity. Built in 1900 and significantly improved, this building seamlessly blends historic charm with modern functionality. The main floor offers prime retail space, boasting large windows along the 4th Street frontage for optimal visibility and curb appeal. The high ceilings and exposed brick walls create a spacious and inviting atmosphere. In addition to the main floor retail space, a substantial basement area provides ample storage or the potential for additional business use, accessible via a separate exterior entrance. A significant advantage is the inclusion of a large apartment with its own private entrance, offering additional income potential or flexible use for the owner. The lot size is 0.06 acres. The asking price for this one-of-a-kind property is $225,000. This is a rare chance to own a piece of Huntingburg's history while capitalizing on a highly visible and versatile commercial space. Don't miss this opportunity to own a thriving business location in a desirable downtown setting.

• CAP approach

  CAP return

  Valuation

  6%

  $838,856

  6.5%

  $774,329

  7%

  $719,020

• Comparable approach

  Method

  Valuation

  Relative Method

  $522,488

  Geo Method

  $522,488

• Alternative Use

  Use

  Valuation

  Residential

  $774,329

  Hospitality

  $709,281

  Educational

  $590,114

  Medical

  $610,409

  Retail

  $917,955

Location Insight

City

Huntingburg

County

Dubois

State

Indiana

Latitude

38.2958

Longitude

-86.9544

CBSA code

27540

CBSA name

JASPER, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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