29 Jackson StSullivan, IN 47882

  • Commercial land
  • 0.06 AC
For Sale
$269,900 View listing

Property Details for 29 Jackson St

Lot size
0.06 AC
Property type
Commercial land
APN
77-07-34-223-095.000-012
APU
770734223095000012

Description

This unique Sullivan, IN property, known as the Tindall Building, presents a compelling investment opportunity. Boasting a substantial 60,000 square feet, this building combines office space, warehouse facilities, and residential apartments, all generating current rental income. The building currently features sixteen offices, three of which are already leased, providing immediate cash flow. One office is pre-plumbed for a beauty salon, requiring only minimal finishing. High-speed fiber optic internet service is installed throughout, catering to modern business needs. A significant 8,000+ square foot warehouse space is available at the rear, complete with loading docks and high ceilings, offering considerable development potential for various uses. Adding to the income stream, three apartments are currently occupied and rented. The full walk-out basement is also leased to an established auction house. Situated on a 0.71-acre lot at 29 W Jackson Streets, this multi-faceted property offers a rare blend of income-generating assets and expansion possibilities. The asking price is $269,900. This is a truly exceptional opportunity for investors seeking a diverse and established portfolio addition.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $425,340
    Hospitality
    $389,609
    Educational
    $324,150
    Medical
    $335,298
    Retail
    $504,234

Location Insight

City
Sullivan
County
Sullivan
State
Indiana
Latitude
39.0941
Longitude
-87.4081
CBSA code
45460
CBSA name
TERRE HAUTE, 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
2022
$198
$2,400
-
$2,400
-
$2,400
-
$2,400

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