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10388 In-662 W

11,279 SF Retail Building Newburgh, IN 47630 £635,459 (£56/SF) 11.91% Net Initial Yield

Investment Highlights

  • Unique Property
  • Lots of Space
  • Large warehouse

Executive Summary

The former Enjole Interiors building is now available for your company headquarters, retail store, events facility or co working space, let your mind wonder at this opportunity. This interpretation of Greek Revival style building has undergone substantial renovations to bring it up to modern day interior (even adding warehouse space in the rear) while keeping the amazing architecture and unique features that make this place truly special. This has been a home, a frame shop, floral shop,furniture and home accents store and interior design businesses. Truly a space you have to see to believe and could become an amazing home or wonderful business space.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,279 SF
Building Class
C
Year Built
1902
Price
£635,459
Price Per SF
£56
Net Initial Yield
11.91%
NOI
£75,659
Tenancy
Single
Number of Floors
2
Building FAR
0.18
Lot Size
1.41 AC
Zoning
c01 - c01
Parking
29 Spaces (2.57 Spaces per 1,000 SF Leased)
Frontage
143 ft on In-662 W

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
87-12-32-402-006.000-019
Land Assessment
£36,849 (2023)
Improvements Assessment
£623,789 (2023)
Total Assessment
£660,638 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2022
  • Listing ID: 28439680

  • Date on Market: 09/05/2023

  • Last Updated:

  • Address: 10388 In-662 W, Newburgh, IN 47630

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