11106 Indiana 62

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11106 Indiana 62

Charlestown, IN 47111
Asking Price
$1.43M
Asset Type
Residential Industrial
Class
Class B

What's Special

11106 Hwy 62 Charlestown <p><span style="color: rgba(34, 34, 34, 1)">Prime 3.88-acre commercial development opportunity on highly traveled State Road 62 in Charlestown, Indiana. Located within one of Southern Indiana's fastest-growing corridors, the property is predominantly zoned B3 Commercial, providing flexibility for a wide range of retail, restaurant, office, medical, service, and mixed-use development opportunities. The site offers excellent visibility, strong frontage, and convenient access to Charlestown, Jeffer

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NOI
$80,000
Cap Rate
5.61%
DSCR
0.95
Underwater
Cash-on-Cash
-1.08%
Monthly Payment
$7,050.122
Annual Cash Flow
$-4,601.47

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