1396-1416 Eastern Blvd - Freestanding FOR SALE


Clarksville, IN 47129
$1,900,000 USD
502-417-8960
1396-1416 Eastern Blvd, Clarksville, IN for Sale
$1,900,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

1396-1416 Eastern Blvd
Clarksville, IN 47129


HIGHLIGHTS

  • Located along a high-visibility corridor minutes from I-65 and downtown Louisville.
  • Stabilized tenant roster featuring service-oriented and necessity-based businesses.
  • 1.135-acre site with ample on-site parking and convenient access points.
  • Consistent foot traffic providing reliable cash flow and income stability.
  • Long-term growth potential within the Louisville metropolitan region.
  • Positioned near dense residential communities and established retail clusters.

OVERVIEW

1416 Eastern Boulevard offers an income-generating retail asset strategically located on a prominent retail corridor in Clarksville, Indiana. Situated just minutes from I-65 and downtown Louisville, this stabilized neighborhood center provides consistent revenue through its synergy of service-based and daily-needs tenants. Occupancy across complementary businesses creates reliable in-place income and steady customer traffic. The property’s location within an established retail district and proximity to dense residential neighborhoods ensures sustained demand. Offering excellent site visibility and convenient ingress/egress, the center captures passing consumer flows and remains well-positioned for lasting tenant retention. With 1.135 acres and ample on-site parking, the asset combines accessibility with long-term operational durability. Investors gain the opportunity to secure a stabilized property within the Louisville MSA that balances income security with potential appreciation.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

CROSS STREETS

E Lewis and Clark Pkwy

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C2

APN/PARCEL ID

10-14-01-801-544.000-012

ASK ABOUT THIS PROPERTY

Clayton PitcockHorizon Commercial RealtyMore Info
502-417-8960

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

Clayton PitcockHorizon Commercial RealtyMore Info
502-417-8960

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