You must see this incredible opportunity in a great location in downtown Jamestown. Right across from the nature park and just down the street from everything downtown Jamestown has to offer lies the former American Legion Building. This massive well-built building offers up 2400sf on the fully finished main level, 2400sf of unfinished basement space below and over 10,000sf of paved asphalt parking. Once inside you will find two large banquet halls, each with its own separate entrance to the exterior, its own full bathroom and one shared full kitchen. Downstairs you will find 2 large rooms, each with its own separate entrance to the exterior and its own half bathroom. The building currently has dual HVAC systems with two gas furnaces, baseboard heat, two central A/C units, gas water heater, 200amp electrical service and a basement sump pump. Property is zoned Residential (R2) with current permitted uses of single family residential or 2 unit multifamily residential. Though the property can be converted to a triplex or quad multifamily by applying for state approvals. Seller is currently pursuing permitting to convert building to a duplex with 3 bedrooms in each main floor unit, and already has architectural renderings of the building as a triplex completed, see attached drawings. This incredible building offers up tons of square footage, open space, parking, future uses and flexibility to become your next great investment. Property is a fixer-upper and will need TLC. Come see it today!
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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Jamestown is located in Indiana. Jamestown, Indiana has a population of 959. Jamestown is less family-centric than the surrounding county with 20% of the households containing married families with children. The county average for households married with children is 38.28%.
The median household income in Jamestown, Indiana is $62,891. The median household income for the surrounding county is $94,843 compared to the national median of $69,021. The median age of people living in Jamestown is 38.3 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 42.3 inches per year, with 16.3 inches of snow per year.
