100-106 State St - Freestanding FOR SALE


Newburgh, IN 47630
$2,200,000 USD
812-455-0001
100-106 State St, Newburgh, IN for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/35
null | Request Cap Rate

100-106 State St
Newburgh, IN 47630


OVERVIEW

Live, Work, and Invest in Historic Downtown Newburgh Situated along the scenic Ohio River, this premier 9,075 SF impeccably updated building perfectly blends high-end residential luxury with stable commercial income. The property boasts an exceptional layout designed for maximum versatility. The 3,136 SF first floor features a fully leased retail space with 2 active tenants, while the 3,347 SF second floor hosts a vibrant professional hub with 5 office tenants and a shared common area. On the third floor, you will find a spectacular 2,592 SF owner’s residence that easily doubles as a premium short-term rental. This high-end living space offers an open floor plan, a gourmet kitchen with two butler’s pantries, top-tier appliances, and a breathtaking rooftop patio with sweeping river views and full utility hookups. Sellers are also open to a leaseback option for a limited time. The residential layout is incredibly accommodating, offering up to 6 versatile bedrooms, 3.5 bathrooms, a dedicated home office, a bunk room, and a full basement suited for storage or a storm shelter. This top floor can easily transform into a luxury corporate office suite featuring 6 private offices, a conference room, a bullpen, and an exclusive rooftop event space. Enjoy unparalleled foot traffic and lifestyle perks, just steps from the Rivertown Trail, Allen Family Amphitheater, and Newburgh’s vibrant shopping district.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

106 State Street, Newburgh

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kristin DannheiserF.C. Tucker CommercialMore Info
812-455-0001

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Kristin DannheiserF.C. Tucker CommercialMore Info
812-455-0001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.