Building Details:
• Year Built: 1908
257 E North St is located in Petersburg, IN.
This building, located in the small town of Otwell, offers a lot of square footage for the money, as well as being very accessible for travel to the 3 neighboring communities of Jasper, Washington, and Petersburg, as well as being located near Vincennes. Property is located within 10 minutes of Hwy 50 on 257. Building is currently used as a photography studio but can offer many other uses for a new owner. Building has 2 retail fronts therefore new owner could utilize 1 side for themselves and lease out adjoining side. As per current owner, building has had updates: re-wired and re-plumbed in 1997, new roof in 2006, Pergo flooring installed in 2006 in most of building, as well as a 21 x 42 garage built on in 2006. Garage offers concrete floor, floor drain, 1/2 bath and laundry area. Building offers a 42 x 48 room with an insulated 9 x 8 sliding door as well as an additional exit door. This room is constructed with overhead steel trusses. Building also offers an upstairs efficiency apartment with full bath for rental income or owner occupancy. Entire building is wired for ethernet with DSL internet, two phone lines, TV cable, as well as video surveillance. Building also has 2 high efficiency gas furnaces with air conditioning, which allows building usage to be separated. Electrical service is 200 AMP. Average utilities: Electrical $190/month, Gas $93/month, Water & Sewer $58/month. Items excluded from Sale: All photography equipment including studio lighting also stereo speakers. All wiring for stereo will remain. Included in purchase are the gas range, refrigerator, and workbenches in garage.
Request Property Information
Please describe your commercial real estate requirements. We'll create a list of matching properties that meet your criteria.
- Jim Baker, agent and Rofo Pro