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Farthing Store 113-115 E 3rd St 4,864 SF Vacant Retail Building Rushville, IN 46173 $459,999 ($94.57/SF)
Investment Highlights
- Central Business District
- Many Updates
- Potential of 5 Rental Spaces
Executive Summary
This beautifully renovated mixed-use building offers exceptional investment and owner-user potential in the heart of downtown Rushville's highly desirable business district.
The property features two 800-square-foot ground-level retail spaces along with three 1-bedroom, 1-bathroom apartments on the upper floors. The building is currently fully vacant, providing a rare opportunity for an investor or owner-occupant to lease the spaces at current market rates or customize them to fit their needs.
The current owner has done an outstanding job preserving the building's historic character while incorporating modern finishes throughout. Exposed brick, updated interiors, and thoughtful renovations create a unique blend of old-world charm and contemporary appeal.
At present, two of the apartments have been combined into one spacious living quarters. However, they can easily be converted back into two separate one-bedroom units, offering additional rental income potential.
Whether you're looking to establish your own business, expand your investment portfolio, or create a live-work opportunity, the possibilities for this property are virtually endless.
Don't miss this incredible opportunity in one of Rushville's most sought-after downtown locations. Call Creech Realty, LLC today to schedule your private showing!
The property features two 800-square-foot ground-level retail spaces along with three 1-bedroom, 1-bathroom apartments on the upper floors. The building is currently fully vacant, providing a rare opportunity for an investor or owner-occupant to lease the spaces at current market rates or customize them to fit their needs.
The current owner has done an outstanding job preserving the building's historic character while incorporating modern finishes throughout. Exposed brick, updated interiors, and thoughtful renovations create a unique blend of old-world charm and contemporary appeal.
At present, two of the apartments have been combined into one spacious living quarters. However, they can easily be converted back into two separate one-bedroom units, offering additional rental income potential.
Whether you're looking to establish your own business, expand your investment portfolio, or create a live-work opportunity, the possibilities for this property are virtually endless.
Don't miss this incredible opportunity in one of Rushville's most sought-after downtown locations. Call Creech Realty, LLC today to schedule your private showing!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
4,864 SF
Building Class
C
Year Built/Renovated
1900/2020
Price
$459,999
Price Per SF
$94.57
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.40
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Frontage
43’ on North Main Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 70-11-05-151-014.000-011 | Improvements Assessment | $75,200 |
| Land Assessment | $3,600 | Total Assessment | $78,800 |
Property Taxes
Parcel Number
70-11-05-151-014.000-011
Land Assessment
$3,600
Improvements Assessment
$75,200
Total Assessment
$78,800
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Contact the Sale Advisor
Farthing Store | 113-115 E 3rd St