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33215978
33215972

101 North 3rd Street, Boonville, IN 47601 For Sale

MM
IN RB14041128
ERA First Advantage Realty Newburgh
Listed by ERA First Advantage Realty Newburgh
$175,000
48 days on market
Updated 3 days ago

101 North 3rd Street

Details
Property Type Office, Multifamily (+1)
Sub Type Pharmacy/Drug, Restaurant (+1)
Square Footage 3,485
NOI $1,400
Occupancy 50%
Tenancy Multi
Class B
Year Built 1901
Acreage 0.080
Zoning Commerical
Ground Lease No

About This Property for Sale

Marketing description

Step back in time with this remarkable two-story brick building on Boonville’s charming town square. Spanning roughly 4,700 sq ft, the main level offers a

bright, open retail space with tall front windows and a working garage door for flexible use. A mezzanine adds even more usable area for display or storage. The upper

level features a completely renovated 3-bedroom, 2-bath apartment of about 2,025 sq ft with its own private entrance, modern updates, included appliances, and

sweeping views of the city. Updated throughout, this historic property is being sold AS IS—a rare opportunity in the heart of downtown Boonville.

Investment highlights

Step back in time with this remarkable two-story brick building on Boonville’s charming town square. Spanning roughly 4,700 sq ft, the main level offers a

bright, open retail space with tall front windows and a working garage door for flexible use. A mezzanine adds even more usable area for display or storage. The upper

level features a completely renovated 3-bedroom, 2-bath apartment of about 2,025 sq ft with its own private entrance, modern updates, included appliances, and

sweeping views of the city. Updated throughout, this historic property is being sold AS IS—a rare opportunity in the heart of downtown Boonville.

Listing Contacts

MM
IN RB14041128
ERA First Advantage Realty Newburgh
Listed by ERA First Advantage Realty Newburgh

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,400.00
$116.67/mo

Valuation Metrics

0
DSCR
0.8%
Cap Rate
0.8%
ROI

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Additional Information

Name
Michael Melton
License
RB14041128
Brokerage
ERA First Advantage
Brokerage Phone
812-431-1180
Title
Broker
Brokerage Address
8711 Indiana 66
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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