Your email has been sent.
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
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
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
| Parcel Number | 62-13-29-070-158.004-007 | Improvements Assessment | $454,500 |
| Land Assessment | $150,000 | Total Assessment | $604,500 |
Property Taxes
Presented by
Family Dollar | 1510 9th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.



