This building is currently utilized as a machine shop and includes 12 offices, 2 conference rooms, 5 bathrooms, 2 newer HVAC systems installed in 2023, and a tube heater in the drive-through bay, which also features an overhead crane. There is ample storage space throughout. The property is equipped with 3-phase power, as well as 240V and 480V hookups, offering a wide range of possibilities. With tremendous potential, it simply awaits a new owner!
WONDERFUL INVESTMENT PROPERTY! With over 8,500 +/- Sq Ft that is completely occupied. Both tenants are month to month with 90 day notice. The building is well designed for doctor offices, labs, rehab, etc. The first level does have space to add an elevator to the basement/walkout area.
The median home value in Newburgh, IN is $319,250. This is higher than the county median home value of $170,800. The national median home value is $219,700. The average price of homes sold in Newburgh, IN is $319,250. Approximately 72.11% of Newburgh homes are owned, compared to 23.99% rented, while 3.89% are vacant. Newburgh real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newburgh real estate agent to arrange a tour today!
Newburgh, Indiana has a population of 3,280. Newburgh is more family-centric than the surrounding county with 37.13% of the households containing married families with children. The county average for households married with children is 34.62%.
The median household income in Newburgh, Indiana is $67,816. The median household income for the surrounding county is $66,080 compared to the national median of $57,652. The median age of people living in Newburgh is 45.1 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 24.2 degrees. The average rainfall is approximately 46.6 inches per year, with 11.7 inches of snow per year.