This commercial property offers a unique investment opportunity in the heart of Charlottesville. Currently, 574 sq. ft. of the building is leased to the U.S. Post Office, providing a stable annual income with the lease secured through November 2028. The remaining square footage is available for renovations and could be converted into additional rental space, creating the potential for increased cash flow. The generous lot offers off street parking in the back. With excellent visibility on US Highway 40 and convenient access to the surrounding area, this property is ideal for investors seeking a mix of immediate income and future growth potential.
This commercial property offers a unique investment opportunity in the heart of Charlottesville. Currently, 574 sq. ft. of the building is leased to the U.S. Post Office, providing a stable annual income with the lease secured through November 2028. The remaining square footage is available for renovations and could be converted into additional rental space, creating the potential for increased cash flow. The generous lot offers off street parking in the back. With excellent visibility on US Highway 40 and convenient access to the surrounding area, this property is ideal for investors seeking a mix of immediate income and future growth potential.
Property is currently a salvage yard, Property is approx 15 Acres total with House and Multiple Shop Buildings. Would be Great for a Construction Company or Trucking Company, Buyer would need to check with local Zoning for other use.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Charlottesville is located in Indiana. Charlottesville, Indiana has a population of 736. Charlottesville is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 35.96%.
The median household income in Charlottesville, Indiana is $86,208. The median household income for the surrounding county is $79,126 compared to the national median of $69,021. The median age of people living in Charlottesville is 59 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 44.6 inches per year, with 23.8 inches of snow per year.
