201 S Chestnut St, Seymour, IN for sale

201 S Chestnut St, Seymour, IN 47274

Accepting Offers
201 S Chestnut St, Seymour, IN for sale201 S Chestnut St, Seymour, IN for sale
Asking Price

$350,000

201 S Chestnut St, Seymour, IN for sale

201 S Chestnut St, Seymour, IN 47274

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.16 Acres

Property Size: 7,334 SF

Property Type: Retail

Year Built: 1890

Number of Floors: 3

Investment Highlights

  • Value-add opportunity for investors, owner-users, or developers
  • Three-story historic building built in 1890
  • Prime downtown mixed-use investment opportunity
  • Fully remodeled 1,500 SF main-level suite
  • Long-term lease in place in remodeled suite
  • Second 1,430 SF main-level suite ready for redevelopment
  • Four upstairs apartments requiring full renovation
  • Private parking for eight vehicles
  • Potential for multiple income streams
  • Blank canvas for commercial and residential repositioning
  • Newly painted building exterior
  • Zoned C-4
  • Historic property with restoration potential

Offering Summary

Prime downtown mixed-use Investment! This is a value-add opportunity positioned in the heart of town and is ready for investors, owner-users, or developers looking to bring new life to a historic property. The building features a fully remodeled 1500 sf main-level suite with a long-term lease in place; a second main-level 1430 sf suite that has been completely demolished and is ready for redevelopment; and four upstairs apartments requiring full renovation. Building has been newly painted and offers private parking for eight vehicles. With a combination of commercial space and residential units, the property offers the potential to create a mixed-use investment with multiple income streams. Whether you envision updated commercial suites, renovated apartments, or a revitalized mixed-use property, this historic building provides a blank canvas to bring your vision to life. An opportunity to restore a piece of Seymour's history while creating a property positioned for long-term value and income potential.

Sale FAQs

Investment Sales Broker

Raechelle Susemichel

Raechelle Susemichel

Indiana Realty

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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