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Family Dollar 1510 9th St 7,796 SF Retail Building Tell City, IN 47586 $50,000 ($6.41/SF)

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Investment Highlights

  • Auction Date: March 23, 2026 – March 25, 2026 | Starting Bid: $50,000
  • Strategic Location & Visibility: Positioned on 9th Street, part of the local commercial corridor in Tell City — offering high visibility and ready acc
  • Market & Redevelopment Potential: Vacant status offers investors the opportunity to reposition the asset. Existing drive-through setup is turnkey for
  • Property Overview: Vacant freestanding brick building with existing drive-through infrastructure — a rare value-add feature in the Tell City market. F
  • Population: Tell City’s population is 8,900 residents, making it one of the larger incorporated communities in southwest Indiana. Population density i
  • Value-Add Opportunity: Unlock value through leasing, redevelopment, or repositioning in a market with stable population and solid daily commuter traff

Executive Summary

Auction Date: March 23, 2026 – March 25, 2026
Starting Bid: $50,000
Broker of Record
Kyle Matthews
License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,796 SF
Building Class
B
Year Built
1983
Price
$50,000
Price Per SF
$6.41
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.65 AC
Frontage
386’ on Steuben Street

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

IGA, originally known as the Independent Grocers Alliance, was founded in 1926 and operates as a network of independently owned grocery stores under a common brand. The organization provides its members with marketing support, private-label products, and operational resources to help them compete with larger chains while maintaining local ownership. IGA’s model emphasizes community-based retailing, allowing store owners to tailor offerings to local preferences while benefiting from shared branding and supply chain efficiencies. The company also offers training programs, digital marketing tools, and merchandising strategies to enhance store performance. With a presence in multiple countries, IGA supports thousands of locations worldwide, making it one of the most recognized names in independent grocery retailing. The company is privately held.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -

Property Taxes

Property Taxes

Parcel Number
62-13-29-070-158.004-007
Land Assessment
$150,000
Improvements Assessment
$454,500
Total Assessment
$604,500
  • Listing ID: 39405686

  • Date on Market: 2/11/2026

  • Last Updated:

  • Address: 1510 9th St, Tell City, IN 47586

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