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The Bollinger Block and Hancock Buildings 207 N Chestnut St 12,760 SF 100% Leased Office Building Seymour, IN 47274 $795,000 ($62.30/SF) 4.52% Cap Rate



INVESTMENT HIGHLIGHTS
- Rare opportunity to own the cornerstone of historic downtown Seymour
- Two additional spaces renovated and ready for you to decide if they are for your personal use or another source of potential income
- Three Main level store fronts are renovated and leased, drawing monthly income from the start
EXECUTIVE SUMMARY
Rare Opportunity to own the cornerstone of downtown Seymour ~ and the most beautiful buildings in town! These buildings are so unique you'll likely never see anything else like it. Visit https://downtownseymourbuildings.com for complete details. Architecturally significant, the Bollinger and Hancock Buildings have been recently restored by a historic preservationist using the finest quality materials and master craftsmen. Three Main level storefronts are renovated and leased, drawing monthly income from the start, there are two additional renovated and furnished spaces, including a private speakeasy lounge for your personal use or another source of potential income. External restoration includes new roofs, new top grade Pella windows, restored historic facades and doors and a newly paved alley. The interior updates include new electrical, plumbing, new HVAC systems, custom handcrafted woodwork and metalwork, new hardwood floors and historic Seymour architectural and artifacts incorporated throughout, The second and third floors " New York style " lofts are a blank slate with historically preserved details ready for your vision and come complete with architectural plans approved by the State of Indiana, and the City of Seymour making the process streamlined and ready to move forward. The buildings also offer a priceless time capsules like the tin ceilings, a recently discovered circa 1870 Mail Pouch advertisement, and the ghost signs featured in newspapers, books and an upcoming documentary by Joey Lax-Salina.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,760 SF
Building Class
C
Year Built/Renovated
1870/2025
Price
$795,000
Price Per SF
$62.30
Cap Rate
4.52%
NOI
$35,934
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,253 SF
Building FAR
3.00
Lot Size
0.10 AC
Zoning
C-4 - Commercial
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Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $115,500 | |
| Land Assessment | $19,100 | Total Assessment | $134,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$19,100
Improvements Assessment
$115,500
Total Assessment
$134,600
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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The Bollinger Block and Hancock Buildings | 207 N Chestnut St
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