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$415,000   Price Analysis
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506 Main St
Tell 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

Welcome to this stunning historic commercial building located in the heart of downtown Tell City on Main Street!

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.
Listing Agent Photo

Property MLS #202403724 from IRMLS

Bedrooms: 2
Bedroom 1 Dimensions: 13 x 15
Bedroom 2 Dimensions: 12 x 14
Bedroom 1 Level: Upper
Bedroom 2 Level: Upper

Total Bathrooms: 2 / 1
Full Bathrooms: 2
1/2 Bathrooms: 1
Half Bathrooms On Main Level: 1
Full Bathrooms On Upper Level: 2

Cooling Features: Central Air
Heating Features: Gas
High Efficiency Furnace

Furnished Description: Dishwasher, Microwave, Refrigerator, Window Treatments, Range-Electric, Window Treatment-Blinds
Flooring: Laminate

Basement Description: Crawl

Brick
Stucco
Vinyl

Lot Description: Level
Lot Size Acres: 0.1199954
Lot Size Dimensions: 40x140
Lot Size Square Feet: 5227

Off Street Parking: Yes

Elementary School: William Tell
High School: Tell City
Middle School: Tell City
School District: Tell City-Troy Township School C

Tell City Jr-Sr High School is a public middle and high school located approximately 0.5 miles away.
directions icon Map directions

William Tell Elementary School is a public elementary school located approximately 1.8 miles away.
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Cornerstone Christian School is a private elementary, middle and high school located approximately 2.9 miles away.
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Community Features: Landscaped

Annual Tax Amount: 2825
Source Listing Status: Active
County: Perry County
Directions: Head west on Tell St toward 9th St, Turn left onto Main St, Destination will be on the left.
Tax Year: 2023
Source Property Type: RESIDENTIAL
Parcel Number: 62-13-32-063-157.020-007
Property Location: City/Town/Suburb
Township: Troy
Property Subtype: Site-Built Home
Source System Name: C2C

Listed 2024-02-06
$415,000
IRMLS

Total Square Feet Living: 3816
Year Built: 1895
Above Grade Finished Area: 3816
Property Age: 129
Levels or Stories: 2
House Style: Two Story
Total Area Sqft: 3816
Architectural Style: Historic

Sewer: City
Water Source: City

Green Energy Efficient: Enrgy Effcnt Win/Doors: Double Pane Windows
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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.