2227 West Michigan Street
$550,000
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Description
This expansive two-story mixed-use property spans nearly an entire city block and offers a prime investment opportunity. Boasting 52,400 sq. ft. and located on 1.09 acres, the property includes a gymnasium, theater, chapel, and industrial-grade kitchen. Positioned near key employers such as Deaconess Hospital, the University of Southern Indiana, and Mead Johnson, it provides immediate access to retail, healthcare, and educational markets. Listed at $550,000 with an assessed value of $1,313,200, it...This expansive two-story mixed-use property spans nearly an entire city block and offers a prime investment opportunity. Boasting 52,400 sq. ft. and located on 1.09 acres, the property includes a gymnasium, theater, chapel, and industrial-grade kitchen. Positioned near key employers such as Deaconess Hospital, the University of Southern Indiana, and Mead Johnson, it provides immediate access to retail, healthcare, and educational markets. Listed at $550,000 with an assessed value of $1,313,200, it offers a rare $763,200 in instant equity.
- Listed by Andros L'Grand • KELLER WILLIAMS CAPITAL REALTY
Property Details for 2227 West Michigan Street
Subdivision
None
WaterfrontNo
LISTING UPDATED: 11/12/2024 06:49 PM
Property Details for 2227 West Michigan Street
Status | Active |
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MLS # | 202434075 |
Days on Market | 77 |
Taxes | $21,755 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial / Mixed Use |
Year Built | 1900 |
Lot Size | 1.09 AC / 47,480 SF |
County | Vanderburgh County |
Building Information for 2227 West Michigan Street
Stories2Residences-Year Built1900Lot Size1.09 AC / 47,480 SF
Property Information for 2227 West Michigan Street
Property History for 2227 West Michigan Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2227 West Michigan Street
Taxable ValueLand$23,700Additions$16,700Total$40,400
Tax Record2023$1,281 ($107 / month)
Home Facts
Total Finished SqFt810 SqFtAbove Grade Finished SqFt810 SqFtStories1Lot Size5,924 SqFtStyleMiscellaneous CommercialYear Built1965CountyVANDERBURGHAPN82-05-24-030-028.025-029
Schools near 2227 West Michigan Street
This home is within Evansville Vanderburgh Sch Corp.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cynthia Heights Elementary School PublicK to 5 | ||
Helfrich Park Stem Academy Public6 to 8 | ||
Francis Joseph Reitz High School Public9 to 12 | ||
Harwood Career Prep High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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