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3 Market St, NEWBURGH, IN 47630

Commercial property for sale

Added: 01/06/2012
Last Update: 04/06/2012
3 Market St NEWBURGH, IN 47630 US
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Description

Nice site available in downtown Newburgh, Indiana. The sale includes the buildings at 3 Market Street and 225 West Jennings Street. The properties can be sold separately - 3 Market Street $345,000; 225 W Jennings Street $50,000. Building #1 at 3 Market Street has been freshly painted on the interior and exterior. There is a garden area to allow for outdoor seating or display. The first floor can be used for retail and/or a restaurant. The second floor of this building offers an office, party room and an apartment with a full bath and gas fireplace. The building was built in 1940 with additions in 1982 and 2007. The building was remodeled in 2007. A portion of the roof was replaced in 2005; there are 3 HVAC units - 2 down, 1 up (zoned) with one unit being new. Building #2 at 225 West Jennings Street is 2,340 SF. The building could be renovated or razed to allow for additional parking or expansion of 3 Market Street. The building was originally built as a single-family home and was converted to a 4-unit apartment building. Owner financing is available for qualified buyers on the property at 3 Market Street. A new plat done by Morley & Associates is available. Building price details: $399,000.

Property Details

  • Type: Retail
  • Status: Available
  • Year Built: 1940
  • Buildings: 1

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