506 Main Street, Tell City, IN 47586

$415,000 Asking Price

2 beds
3 baths
3,816  sqft
Built in 1895

"Welcome to this stunning historic commercial building located in the heart of downtown Tell City on Main Street! This professionally restored gem spans 3,816 square feet and has been meticulously updated inside and out, boasting exquisite finishes suitable for a diverse range of businesses. Conveniently walkable to numerous amenities, this building offers the perfect blend of charm and functionality. The upper level of the building features two 1-bedroom, 1-bath apartments, each with its own private balcony and picturesque courtyard views. Covered parking and brick-laid walkways leading to each unit add to the allure of the property. These rental units are consistently in high demand and easy to lease, making them a lucrative investment opportunity. On the street level, two spacious units with expansive window fronts totaling 2,160 square feet offer endless possibilities. Currently, one of the spaces is home to Dear Polly, while the other remains available for lease. Whether for storefront retail, office space, or a cozy café, this level presents versatile options to suit any business endeavor. The presence of French door passages between the two retail spaces enhances the potential to transform the street-level square footage into a stunning residential location is prime. With all safety and building code requirements fully met through extensive renovations, this property is turnkey and ready for its next chapter. Beautifully maintained and offering a plethora of business and living opportunities, this is a rare find in downtown Tell City. Don't miss your chance to make this exceptional property yours!"

Features & Amenities

Interior

Basement:
Crawl
Flooring:
Laminate
A/C:
Central Air
Heating:
Gas
Fireplace:
None

Exterior

General:
Brick,Stucco,Vinyl
Style:
Historic

Construction

General:
Two Story, Crawl

Location

HOA Amenities:
Not Applicable
School District:
Tell City-Troy Township School Corp.

Lot

Zoning:
009-03128-00 BLK 63 LOT 3, 62-13-32-063-157.020-007

Utilities

Water:
City

This listing courtesy of:
Key Associates Signature Realty, Phyllis LaGrange

About Tell City, IN

Housing

Number of Units
5,199
Median Home Value
$119,707
Median Rent
$453

27.10% of housing units are renter occupied.

9.13% are vacant.

Commute

Car
92.63%
Public Transportation
0.00%
Walk to Work
1.17%
Work from Home
5.96%
Other
0.22%

The median travel time to work is 20 minutes.

People

Population
11,422
Median Age
41.10
Median Household Size
2.52

Education

High School
40.71%
Associate’s Degree
10.15%
Bachelor’s Degree
11.35%
Graduate Degree
6.83%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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