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1560 E 10th Street

Jeffersonville, IN 47130
  • $1
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 2022011300
UPDATED: 52 min ago
$1
  • 0
    BEDS
  • 4.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1956
County:

School Ratings & Info

Description

REVAMP, RETHEME, RESTART! This AUCTION features a RARE opportunity to purchase 4.126 acres of C1 zoned (Small to Medium Scale General Commercial) real estate ideal to repurpose for multifamily residential development or retail! Property is the original 42-unit "Jefferson Villa Motel" which closed March 2020 due to COVID-19. Family owned since 1960 and not been offered to the public since then! Property includes (5) 1956 built concrete block & wooden frame buildings with 13,000+ SF (all in need of repairs & updates), 430+/- road frontage on E 10th St, & high visibility. Located just 1.5 miles from I-65 Exit #1 (Downtown Jeffersonville), 3.5 miles from I-265, & 4 miles from Louisville, KY! EXCELLENT proximity to restaurants, shopping, fun things to do, parks, and other amenities! Clark County has a population of 121,000+ and steadily growing! Outstanding investment opportunity! 2022 ANNUAL AVERAGE DAILY TRAFFIC: 15,529 (from INDOT-Traffic Count Database System); ZONING & OVERLAY DISTRICT: C1 - Small to Medium Scale General Commercial & 10th Street Traditional Marketplace. This district is established for a wide variety of retail, commercial, service, entertainment, and eating establishments that are small to medium in scale. UTILITIES: Electric-Duke Energy; Water-Indiana American Water; Sewer-City of Jeffersonville; Gas-CenterPoint; Internet/TV/Phone-Spectrum; Note: residential buried fuel oil tank onsite (no longer in use-exempt from IDEM regulations).

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© 2022 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Home Advisors. Data last updated: 2022-10-01T17:04:29.903.
www.yournextkentuckianahome.com/homes/132180146
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1560 E 10th Street Jeffersonville, IN 47130

  • Price: $1
  • Status: Active
  • On Site: 45 Days
  • Updated: 52 min ago
  • MLS #: 2022011300
0
Beds
0
Baths
0
½ Baths
4.13
Acres
1956
Built
Neighborhood:
Jeffersonville
County:
Clark
Area:
Jeffersonville
Property Description
REVAMP, RETHEME, RESTART! This AUCTION features a RARE opportunity to purchase 4.126 acres of C1 zoned (Small to Medium Scale General Commercial) real estate ideal to repurpose for multifamily residential development or retail! Property is the original 42-unit "Jefferson Villa Motel" which closed March 2020 due to COVID-19. Family owned since 1960 and not been offered to the public since then! Property includes (5) 1956 built concrete block & wooden frame buildings with 13,000+ SF (all in need of repairs & updates), 430+/- road frontage on E 10th St, & high visibility. Located just 1.5 miles from I-65 Exit #1 (Downtown Jeffersonville), 3.5 miles from I-265, & 4 miles from Louisville, KY! EXCELLENT proximity to restaurants, shopping, fun things to do, parks, and other amenities! Clark County has a population of 121,000+ and steadily growing! Outstanding investment opportunity! 2022 ANNUAL AVERAGE DAILY TRAFFIC: 15,529 (from INDOT-Traffic Count Database System); ZONING & OVERLAY DISTRICT: C1 - Small to Medium Scale General Commercial & 10th Street Traditional Marketplace. This district is established for a wide variety of retail, commercial, service, entertainment, and eating establishments that are small to medium in scale. UTILITIES: Electric-Duke Energy; Water-Indiana American Water; Sewer-City of Jeffersonville; Gas-CenterPoint; Internet/TV/Phone-Spectrum; Note: residential buried fuel oil tank onsite (no longer in use-exempt from IDEM regulations).
Interior Features

Building Area Total 2624

Property Features

Business Type Hospitality Current Use Multi-Family Property Condition Resale Property Sub Type Commercial Property Sub Type Additional Multi FamilyOtherResidential Special Listing Conditions Auction Tax Annual Amount 8685 Township Jeffersonville

Listing courtesy of Brian Beckort at Beckort Auctions, Llc: 812-738-9476.


© 2022 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Home Advisors. Data last updated: 2022-10-01T17:04:29.903.
 
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Elite Home Advisors
1994 Charlestown New Albany Pike
Jeffersonville IN, 47130