2877 STATE ROAD 261

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30777657
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 2,666 SF
Gross Building Area: See Agent
Sale Price: $125,000
Unit Price: $46.89 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2023

Overview / Comments

Highly Visible. Penisula lot between Highway 261 and Fuquay Rd. Great Ingress/Egress- all utilities on site. Cell Tower contract is not included in the sale.

Additional Details

Nearest MSA: Evansville
County: Warrick
Tax ID/APN: 871214400053000019
Retail Clientele: Business
Property Located Between: SR 261 and Fuquay Rd in Newburgh
Property Visibility: Excellent
Largest Nearby Street: Hwy 261 and Lloyd
Feet of Frontage: 50
Highway Access: SR 261 Lloyd expressway
Airports: Evansville Regional
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,333 SF
Year Built: 1952
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Bedford stone
Total Parking Spaces: 10
Parking Type: Other
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: C-4
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: cell tower
Legal Description: PT N 1/2 SE SE 514 T6 R9 .589A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,759 27,331 52,124
Median Age: 40.04 38.58 39.48
Households: 2,366 9,974 20,028


Photograph of Listing Agent

Melinda Counter

Berkshire Hathaway Home Services
CPIX Member
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