207 N Chestnut St - Office FOR SALE


Seymour, IN 47274
$795,000 USD
812-522-8448
207 N Chestnut St, Seymour, IN for Sale
$795,000 USD
Office - FOR SALE
1/13
null | 4.52% Cap Rate

207 N Chestnut St
Seymour, IN 47274


HIGHLIGHTS

  • Rare opportunity to own the cornerstone of historic downtown Seymour
  • Three Main level store fronts are renovated and leased, drawing monthly income from the start
  • Two additional spaces renovated and ready for you to decide if they are for your personal use or another source of potential income

OVERVIEW

Rare Opportunity to own the cornerstone of downtown Seymour ~ and the most beautiful buildings in town! These buildings are so unique you'll likely never see anything else like it. Visit https://downtownseymourbuildings.com for complete details. Architecturally significant, the Bollinger and Hancock Buildings have been recently restored by a historic preservationist using the finest quality materials and master craftsmen. Three Main level storefronts are renovated and leased, drawing monthly income from the start, there are two additional renovated and furnished spaces, including a private speakeasy lounge for your personal use or another source of potential income. External restoration includes new roofs, new top grade Pella windows, restored historic facades and doors and a newly paved alley. The interior updates include new electrical, plumbing, new HVAC systems, custom handcrafted woodwork and metalwork, new hardwood floors and historic Seymour architectural and artifacts incorporated throughout, The second and third floors " New York style " lofts are a blank slate with historically preserved details ready for your vision and come complete with architectural plans approved by the State of Indiana, and the City of Seymour making the process streamlined and ready to move forward. The buildings also offer a priceless time capsules like the tin ceilings, a recently discovered circa 1870 Mail Pouch advertisement, and the ghost signs featured in newspapers, books and an upcoming documentary by Joey Lax-Salina.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

4.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Bollinger Block and Hancock Buildings

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1870

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,412 SF

ZONING

C-4

APN/PARCEL ID

36-66-17-317-012.000-009,36-66-17-317-012.090-009

ASK ABOUT THIS PROPERTY

Erin RothertRE/MAX Residential OfficeMore Info
812-522-8448

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Erin RothertRE/MAX Residential OfficeMore Info
812-522-8448

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