201 S Chestnut St, Seymour, IN for sale

Investment Overview

Prime downtown mixed-use Investment! This is a value-add opportunity positioned in the heart of town and is ready for investors, owner-users, or developers looking to bring new life to a historic property. The building features a fully remodeled 1500 sf main-level suite with a long-term lease in place; a second main-level 1430 sf suite that has been completely demolished and is ready for redevelopment; and four upstairs apartments requiring full renovation. Building has been newly painted and offers private parking for eight vehicles. With a combination of commercial space and residential units, the property offers the potential to create a mixed-use investment with multiple income streams. Whether you envision updated commercial suites, renovated apartments, or a revitalized mixed-use property, this historic building provides a blank canvas to bring your vision to life. An opportunity to restore a piece of Seymour's history while creating a property positioned for long-term value and income potential.

Investment Highlights

• Value-add opportunity for investors, owner-users, or developers
• Three-story historic building built in 1890
• Prime downtown mixed-use investment opportunity
• Fully remodeled 1,500 SF main-level suite
• Long-term lease in place in remodeled suite
• Second 1,430 SF main-level suite ready for redevelopment
• Four upstairs apartments requiring full renovation
• Private parking for eight vehicles
• Potential for multiple income streams
• Blank canvas for commercial and residential repositioning
• Newly painted building exterior
• Zoned C-4
• Historic property with restoration potential