Listing courtesy of KELLER WILLIAMS CAPITAL REALTY · Listing agent: Andros L'Grand · Cell: 812-270-8747

Virtual tour
PendingMixed Use

518 W Main Street

$1,100,000

$188.20 / sq ft

Newburgh, IN 47630

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Bathrooms
5
Lot
0.62 ac
Year built
1963
Type
Mixed Use
Listed
August 26, 2026
MLS #
202635083

About this home

This exceptional property, comprising 5,845 sq ft of prime real estate divided into four distinct units, takes center stage in a prime location, boasting high visibility as one of the first landmarks encountered upon entering historic downtown Newburgh, Indiana. Recent renovations by LA+D have revitalized this historic gem, which rests on a .62-acre lot. This one-of-a-kind property assures a unique investment opportunity for a wide range of retail businesses aiming to meet the evolving market demands of downtown Newburgh.

Property details

Interior

Stories
1
Finished area above grade
5,845 sq ft
Basement
Slab
Flooring
Mixed
Heating
Forced Air, Multiple Heating Systems
Cooling
Central Air, Multiple Cooling Units

Exterior & parking

Construction
Brick, Concrete, Asphalt
Roof
Metal
Parking
Parking Lot, Public Parking, On Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.62 ac
Lot dimensions
112X50
Location type
City
County
Warrick County
Township
Ohio
Current use
Bar, Restaurant, Salon, Strip Center
Road frontage
City Street
Platted
Yes
Planned unit development
No
Directions
East on 69, Exit on Covert, Right on Covert, Left on W Main St

Taxes & terms

Annual taxes
$6,381
Tax year
2023
Tax abatement
No
Listing terms
Assumable, Cash, Conventional
Possession
Immediate
Parcel number
87-15-03-100-002.000-014

Included in the sale

Included in sale
Building,Land,Lease

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Cap rate
5%
Water meters
1
Ceiling height
12

Location

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$1,100,000

5 baths