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(SOLD) $165,000

220 E Walnut Street North Vernon, IN  47265

  • 2,898 sq. Ft

Property Description for 220 E Walnut Street North Vernon, IN 47265

Discover an incredible investment opportunity with this newly listed commercial property, hitting the market for the first time in 39 years. Located in the heart of downtown North Vernon, this prime property currently operates as a beauty salon but offers limitless potential for various business ventures. Prime downtown North Vernon location, surrounded by many businesses and high foot traffic. The buildings current use is a beauty salon with well maintained facilities. The property is ideal for numerous business opportunities including retail, office space, or specialty shops. The upstairs features a one bedroom apartment, perfect for rental income or owner occupancy. The apartment requires remodeling, presenting an excellent value add opportunity. Bonus Features includes nearly 1,000 ceramic molds and a kiln, making it an ideal location for a pottery business! Don't miss out on this rare chance to invest in a versatile property in a prime location. Whether you're looking to start a new business, expand an existing one, or invest in rental properties, this building offers unparalleled potential.

Address:220 E Walnut Street North Vernon IN 47265
Status:Sold
Sold On: 12/9/2024
Price:$179,900
Bathrooms:0
Sq. Feet:2,898
Lot Size:0.05
County: Jennings
Township: Center
MLS #:21981997
Property Type:Business

Lot Dimensions:2300
Zoning:commercial
Directions:GPS Friendly
Total Sq. Ft. :2,898

Loan Price
$1,036
Price And Interest $861/month
Property Tax $106/month
MTG INS $0/month
HOME INS $69/month
Price
$165,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$106/month
Home Owner Insurance
$828 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$635
Tax Year:2023
Mandatory HOA Fee:$

Area: 4005 - Jennings - Center
Zip Code:47265

High School:Jennings County High School
Middle School:Jennings County Middle School

Total Sq. Ft.:2,898
Daniel Smith, REALTOR®/Broker, F. C. Tucker Company
Daniel Smith
Phone (812) 592-5441
Additional Phone (812) 352-6300
F.C. Tucker Company

Listing provided courtesy of Daniel Smith with F.C. Tucker Real Estate Expert from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/28/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





North Vernon Market Report

88
Avg. DOM
$158.2
Avg. $ / Sq.Ft.
$ 244,125
Med. List Price

There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.

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There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.

There is no data available at this time for North Vernon.