261 State St, Newburgh, IN 47630, Newburgh, IN, 47630

261 State St, Newburgh, IN 47630 Newburgh, IN 47630

261 State St, Newburgh, IN 47630, Newburgh, IN, 47630
261 State St, Newburgh, IN 47630, Newburgh, IN, 47630 261 State St, Newburgh, IN 47630, Newburgh, IN, 47630 261 State St, Newburgh, IN 47630, Newburgh, IN, 47630 261 State St, Newburgh, IN 47630, Newburgh, IN, 47630 261 State St, Newburgh, IN 47630, Newburgh, IN, 47630 261 State St, Newburgh, IN 47630, Newburgh, IN, 47630
FOR SALE
Property Type:
Other Land
Amount:
$690,000
Last Verified:
Jun 21, 2024

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Description

Discover an exceptional investment opportunity with this prime property, strategically located at an intersection along State Route 261 and zoned C-1 for versatile commercial use. Boasting a coveted location in a thriving commercial district, this property presents an enticing prospect for retail and land investment. With its C-1 zoning, the possibilities are endless, providing the flexibility to bring diverse retail or commercial concepts to life.

Located just North of the Lloyd expressway and directly along Interstate 261 in Newburgh this property is surrounded by a vibrant community and an array of local amenities, making it an ideal investment opportunity for Land / Retail investors. This 1.16-acre lot serves as a prime commercial real estate investment opportunity.

Lot Size: 1.16 acres


Documents

Offer Memorandum

Map of 261 State St, Newburgh, IN 47630, Newburgh, IN, 47630

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.