$415,000 Price Analysis 506 Main StTell City, IN 47586 2 bed 3 bath 3,816 SqFt ($108/SqFt) 5,227SqFt lot. Built 1895 Listed 2024-02-06 | ✓ USDA Eligible near Tell City, IN Restrictions may apply due to home size |
This professionally restored gem spans 3, 816 square feet and has been meticulously updated inside and out, boasting exquisite finishes suitable for a diverse range of businesses. Conveniently walkable to numerous amenities, this building offers the perfect blend of charm and functinality. The upper level of the building features two 1-bedroom, 1-bath apartments, each with its own private balcony and picturesque courtyard views. Covered parking and brick-laid walkways leading to each unit add to the allure of the property. These rental units are c onsistently in high demand and easy to lease, making them a lucrative investment opportunity.
On the street level, two big units with expansive window fronts totaling 2, 160 square feet offer limitless possibilities. Currently, one of the spaces is home to Dear Polly, while the other remains available for lease. Whether for storefront retail, office space or a cozy caf, this level presents versatile options to suit any business endeavor. The presence of French door passages between the two retail spaces enhances the potential to transform the street-level square footage into a stunning residential location is prime. With all safety and building code requirements fully met through extensive renovations, this property is turnkey and ready for its next chapter. Beautifully maintained and offering a plethora of business and living opportunities, this is a rare find in downtown Tell City. Don't miss your chance to make this exceptional property yours!
Presented by Phyllis LaGrange at
Key Associates Signature Realty.
Property MLS #202403724 from IRMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.