518 West Main Street

Newburgh, IN 47630

$1,100,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This exceptional property, comprising 5,845 sq ft of prime real estate divided into four distinct units, takes center stage in a prime location, boasting high visibility as one of the first landmarks encountered upon entering historic downtown Newburgh, Indiana. Recent renovations by LA+D have revitalized this historic gem, which rests on a .62-acre lot. This one-of-a-kind property assures a unique investment opportunity for a wide range of retail businesses aiming to meet the evolving market demands...This exceptional property, comprising 5,845 sq ft of prime real estate divided into four distinct units, takes center stage in a prime location, boasting high visibility as one of the first landmarks encountered upon entering historic downtown Newburgh, Indiana. Recent renovations by LA+D have revitalized this historic gem, which rests on a .62-acre lot. This one-of-a-kind property assures a unique investment opportunity for a wide range of retail businesses aiming to meet the evolving market demands of downtown Newburgh.
  1. Listed by Andros L'Grand • KELLER WILLIAMS CAPITAL REALTY

Property Details for 518 West Main Street

Subdivision
None
Waterfront
No

Location

Listing Courtesy of KELLER WILLIAMS CAPITAL REALTY
Add your commute
LISTING UPDATED: 04/25/2024 02:24 PM

Property Details for 518 West Main Street

StatusActive
MLS #202339655
Days on Market217
Taxes$6,381 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1963
Lot Size0.62 AC / 27,007 SF
CountyWarrick County

Location

Listing Courtesy of KELLER WILLIAMS CAPITAL REALTY
Add your commute

Building Information for 518 West Main Street

Stories1Residences-Year Built1963Lot Size0.62 AC / 27,007 SF

Payment Calculator

$6,535 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$532

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 518 West Main Street

Summary
Location and General Information
  • Area: Warrick County
  • City: Newburgh
  • Zip Code: 47630
  • State: IN
  • Township: Ohio
  • Geo Latitude: 38
  • Geo Longitude: -87
  • Road Access: City
  • Fips Code: 18173
  • Directions To Property: East on 69, Exit on Covert, Right on Covert, Left on W Main St
  • Location: City
Taxes and HOA
  • Annual Taxes: $6,381
  • Year Taxes Payable: 2023
  • Parcel Number Id: 87-15-03-100-002.000-014
Parking
  • Parking: Lot, Public, Street
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.62
  • Lot Dimensions: 112X50
  • Approx Lot Size Sqft: 27007.0
Property and Assessments
  • New Construction: No
  • Year Built: 1963
  • Age: 61
  • Documents Available: Aerial Photo, LBP Form, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Concrete, Asphalt
  • Platted: Yes
  • Roof Material: Metal
Interior Features
  • Basement: No
  • Basement/Foundation: Slab
  • Cooling: Central Air, Multiple Cooling Units
  • Flooring: Mixed
  • Heating/Fuel: Forced Air, Multiple Heating Systems
  • Stories: 1
Multi Family
Multi-Family Information
  • Number of Buildings: 1

Property History for 518 West Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 518 West Main Street

This home is within Warrick County School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Newburgh Elementary School
PublicK to 5

Castle North Middle School
Public6 to 8

Castle High School
Public9 to 12

Tecumseh Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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518 West Main Street is a mixed use property for sale in Newburgh, IN 47630. This property was listed for sale on October 27, 2023 by KELLER WILLIAMS CAPITAL REALTY, it's currently listed at $1,100,000. This listing's school district is Warrick County School Corp. Nearby schools include Newburgh Elementary School, Castle North Middle School and Castle High School. 518 West Main Street is a 0-bed, 0-bath, mixed use property built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS CAPITAL REALTY

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.