Frequently Asked Questions

These are common and frequently asked questions that have been raised.

Q: How is the building zoned
A: The building is zoned commercial

Q: Is the building occupied
A: The building has two tenants at present.

Q: What is the asking price
A: Asking price is $145,000 or $28.43/square foot.

Q: What is the most recent appraisal
A: The most recent building appraisal was completed September 2007.  Click here for complete report.

Q: What is the building condition
A: The building condition is good with no serious foundation or structural cracks.

Q: What is the condition of the roof
A: Roof condition is fair with 1 leak in the warehouse. 

Q: What is the building layout
A: There are two floors consisting of an office area, a warehouse and an apartment.

The office area has approximately 2600 square feet of office space (majority is carpeted).  This area contains the entry area, 3 offices, 1 storage room and 1 bathroom. 

The warehouse contains approximately 1400 square feet of warehouse space.  Warehouse floor space is entirely concrete.  A large garage door and rear entrance is located at the back of the warehouse.

The apartment area is located entirely on the second floor with its own entrance and separate stairway.  The apartment is approximately 1100 square feet.  There are two bedrooms, 1 living room, kitchen, 1 full bath and a laundry foyer.

Q: Can I expand the building
A: The building can be expanded in the rear to the property limits.  You would need proper permits to initiate any contstruction.

Q: How soon can I occupy the building
A: Both tenants have month to month leases.  At least 30 days written notification would be required to occupy the office area, warehouse or apartment. 

Related resources

1408 Main Street,
Tell City, IN 47586

Office (812) 547-4640
Owner (812) 686-3281
Fax (812) 547-9614