115 E 3rd St - Storefront Retail/Residential FOR SALE


Rushville, IN 46173
$599,999 USD
765-265-4822
115 E 3rd St, Rushville, IN for Sale
$599,999 USD
Storefront Retail/Residential - FOR SALE
1/34
null | Request Cap Rate

115 E 3rd St
Rushville, IN 46173


HIGHLIGHTS

  • Central Business District
  • Potential of 5 Rental Spaces
  • Many Updates

OVERVIEW

This beautifully renovated mixed-use building offers exceptional investment and owner-user potential in the heart of downtown Rushville's highly desirable business district. The property features two 800-square-foot ground-level retail spaces along with three 1-bedroom, 1-bathroom apartments on the upper floors. The building is currently fully vacant, providing a rare opportunity for an investor or owner-occupant to lease the spaces at current market rates or customize them to fit their needs. The current owner has done an outstanding job preserving the building's historic character while incorporating modern finishes throughout. Exposed brick, updated interiors, and thoughtful renovations create a unique blend of old-world charm and contemporary appeal. At present, two of the apartments have been combined into one spacious living quarters. However, they can easily be converted back into two separate one-bedroom units, offering additional rental income potential. Whether you're looking to establish your own business, expand your investment portfolio, or create a live-work opportunity, the possibilities for this property are virtually endless. Don't miss this incredible opportunity in one of Rushville's most sought-after downtown locations. Call Creech Realty, LLC today to schedule your private showing!

FOR SALE DETAILS

PRICE

$599,999 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Farthing Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CBD

APN/PARCEL ID

70-11-05-151-014.000-011

ASK ABOUT THIS PROPERTY

Susannah Holtsclaw-CreechCreech Realty, LLCMore Info
765-265-4822

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Susannah Holtsclaw-CreechCreech Realty, LLCMore Info
765-265-4822

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