1808 Spring Street Jeffersonville, IN $ 17,000,000
1808 Spring Street
$ 17,000,000
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1808 Spring Street

Jeffersonville, IN, 47130
$ 17,000,000
Baths0.0 Sq 4,987

Monthly Estimate*

$ 112,987

1808 Spring Street, Jeffersonville, IN 47130 - Image 1
Studio

Commercial Property for sale in Jeffersonville, IN

for $17,000,000. This 4,987 square foot building was built in 1926 on a lot size of 0.803489.

Prime location!!! These properties are situated along Spring Street in Jeffersonville and are located at the end of Eastern Blvd in Clarksville, Clark County, Indiana. More than 2 acres, comprising eight separate parcels, are currently on offer within a designated redevelopment zone. According to the Spring Street master plan, "Spring Street serves as a significant gateway to this area of substantial investment and revitalization, directly connecting to the northern regions of Jeffersonville, Clarksville, and beyond. Numerous grants are accessible for the redevelopment of this area; for more information on these opportunities, please reach out. The area is on the cusp of substantial growth, as the City of Jeffersonville, in collaboration with the Redevelopment Commission, is set to execute a Redevelopment Agreement which aims to partner with American Commercial Barge Line to develop 80 acres along the Ohio River, a mere 2.3 miles away from this exceptional investment opportunity. You can find more details in the plan here: Spring Street Master Plan http://cityofjeff.net/wp-content/uploads/2020/10/Spring-Street-Master-Plan-2017-Final-sm.pdf. Additionally, the Claysburg Plantation Plan outlines plans for streetscape enhancements, including street and sidewalk repairs, as well as economic development support through grants and funding programs for businesses, and pursuit of federal funding for housing initiatives. Commercial Potential subject to zoning approval.

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Commercial Active

Price

$ 17,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,300

Style

Lot Size

0.803489

Year Built

1926

Town/City

Jeffersonville

County/Region

Clark

MLS | Web ID

2023010398

Features
General
Development Status Other Proposed
Year Built 1926
Township Jeffersonville
Property SubType Other
Current Use Other
County Clark
New Construction No
Property Type CommercialSale
Status Active
Directions Corner of Spring Street and Eastern Blvd of Spring Street and Eastern Blvd
City Jeffersonville
NumberOfUnitsTotal 0
Lot Size Units Acres
Lot Size Square Feet 35000.46
Tax Annual Amount 16300.0
Property Condition Resale
Days on Market 73
Standard Status Active
Property Sub Type Additional Other
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Exterior
Lot Size Area 0.8035
Building Area Total 4987.0
Lot Size Acres 0.8035
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Internal Only
Street Number 1 1808
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* Excluded Features
List By
Chuck Lehman

Listing Agent

Re/Max Advantage

Broker

clehmanjr1@gmail.com

Email

Affordability Calculator

$114,346
Per Month
99%
1%
0%
Monthly Principal & Interest
$112,987
Monthly Property Taxes
$1,358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
1120661 Elementary School
1120959 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2023$17,000,000 Listed Price

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1808 Spring Street, Jeffersonville, IN, 47130 is a Commercial Property for sale at $17,000,000 with 4,987 sqft and a lot size of 0.803489. 1808 Spring Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 47130 which is in Jeffersonville, IN