Commercial Lot On 4 Lane Hwy
2005 Market St : Charlestown, IN 47111
Clark County, Indiana
Land Description
Nice level corner lot with commercial zoning along Market Street, also known as Indiana State Highway 3, a busy 4-lane road.
The property has paved road frontage of 83 feet on Market Street (Indiana State Route 3) and paved road frontage of approximately 95 feet on 5th Street. The present driveway entrance is on 5th street. The lot is a rectangle 125 feet x 100 feet, minus a small triangle at the corner that is owned by the State of Indiana.
There is potential for short-term gain because very few properties are available along Market Street and this one is the lowest-priced. There is also excellent price appreciation potential for the long-term investor; residential and commercial development is radiating outward from the center of Charlestown and also towards Charlestown from the more densely populated communities of Clarksville and Jeffersonville. The Ohio River Bridges Project has the potential to dramatically increase real estate values in Clark County over the long term.
