9633 W State Rd 56 French Lick, IN $ 369,900
9633 W State Rd 56
$ 369,900
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9633 W State Rd 56

French Lick, IN, 47432
$ 369,900
Baths12.0 Sq 6,995

Monthly Estimate*

$ 2,458

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Studio

Commercial Property for sale in French Lick, IN

for $369,900 with 12 full baths. This 6,995 square foot building was built in 1948 on a lot size of 0.98.

THIS COULD BE YOUR OPPORTUNITY TO OWN A FULLY FUNCTIONING TURN-KEY INVESTMENT PROPERTY. THIS 10 UNIT EFFICIENCY APARTMENT COMPLEX HAS A LOT TO OFFER INCLUDING A LARGE ASPHALT LOT WITH PLENTY OF PARKING SPACES, ADDITIONAL STORAGE FACILITY, MECHANICAL/LAUNDRY SERVICE FACILITY, AND NEARLY AN ACRE OF GROUND. MANY IMPROVEMENTS HAVE BEEN MADE TO WEATHERPROOF THE STRUCTURE INCLUDING THE ROOFING SYSTEM. ADDITIONAL SHOTGUN STYLE 3 BEDROOM, 2 BATHROOM HOUSE ADJOINS THE APARTMENT COMPLEX AND COULD BE USED AS A MANAGER’S QUARTERS OR KEPT AS ADDITIONAL RENTAL FACILITY. HIGH TRAFFIC AREA ALLOWS FOR WELL NOTICED SIGNAGE AND VERY RARELY HAS ANY VACANCIES. EASY COMMUTES TO FRENCH LICK, JASPER ETC MAKE THIS A VERY CONVENIENT LOCATION. THERE IS ROOM TO ADD UP TO 4 MORE EFFICIENCY UNITS

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Commercial Active

Price

$ 369,900

Bedrooms

Studio

Full Bath

12

Property Type

Commercial

Taxes

$ 2,632

Style

Hotel & Motel

Lot Size

0.98

Year Built

1948

Town/City

French Lick

County/Region

Orange

MLS | Web ID

202341541

Features
General
Heating Other Heating System
Cooling Window
Ceiling Height 8FT
Roof Metal
Parking Yes Off-Street Paved Private
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 12
Year Built 1948
New Construction No
Subdivision None
Stories 1
Township French Lick
Class COMMERCIAL
Present Use Investment Property Bus. Included w/Property
Type Hotel & Motel
Age 76
Special Features 220 Volts
REO No
Area Orange County
Location City
City French Lick
Street Name STATE RD 56
Legal Description PT NE SW 9 1N 2W .98A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202341541
Agent First Name Matthew
Agent Last Name Corey
DOM 190
Tax Year 2023
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Exterior
Road Access State
Exterior Block Brick Metal
Driveway Asphalt
Number of Parking Spaces 20
Lot Size Area 42689
Lot Dimensions IRREGULAR
Parking Type OFF STREET
Fence Privacy
Waterfront Y/N No
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Interior
Flooring Concrete Laminate
Basement/Foundation Slab
Walls Block Drywall
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* Excluded Features
List By
Matthew Corey

Listing Agent

Williams Carpenter Realtors

Broker

mcorey@callcarpenter.com

Email

Affordability Calculator

$2,678
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,458
Monthly Property Taxes
$219
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2023$369,900 Listed Price

Map


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9633 W State Rd 56, French Lick, IN, 47432 is a Commercial Property for sale at $369,900 with 6,995 sqft and a lot size of 0.98. 9633 W State Rd 56 is a studio with 12.0 baths and was built in 1948. The property's zip code is 47432 which is in French Lick, IN