4522 Old State Rte 261, Newburgh, IN 47630, Newburgh, IN, 47630

4522 Old State Rte 261, Newburgh, IN 47630 Newburgh, IN 47630

4522 Old State Rte 261, Newburgh, IN 47630, Newburgh, IN, 47630
4522 Old State Rte 261, Newburgh, IN 47630, Newburgh, IN, 47630 4522 Old State Rte 261, Newburgh, IN 47630, Newburgh, IN, 47630 4522 Old State Rte 261, Newburgh, IN 47630, Newburgh, IN, 47630 4522 Old State Rte 261, Newburgh, IN 47630, Newburgh, IN, 47630 4522 Old State Rte 261, Newburgh, IN 47630, Newburgh, IN, 47630
FOR SALE
Property Type:
Other Land
Amount:
$395,000
Last Verified:
Jun 21, 2024

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Description

This property is located at the highly visible intersection of outer Lincon Ave and 66 State St in Newburgh, presents a compelling opportunity. Zoned C-2, it offers versatility for a range of commercial uses. Situated in the thriving Newburgh community, this valuable plot is a strategic investment opportunity. The intersection which this is located has an ADT of over 15,300 which provides great daily traffic flow. Boasting excellent connectivity and visibility, it is an ideal location for businesses looking to establish a presence in this vibrant community.

Located in the thriving town of Newburgh, IN, 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 1.77-acre lot serves as a prime commercial real estate investment opportunity

Lot Size: 1.77 acres


Documents

Offer Memorandum

Map of 4522 Old State Rte 261, 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.