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20 N 3rd Street

Vincennes, IN, 47591

  • Price $599,900
  • Sq. Ft.21000
  • MLS #202400228
Numerous opportunities present in this 3 story, 22,000 sq. ft building. Prime location in historic downtown Vincennes! Just one block from Main St, between Vincennes University and Good Samaritan Hospital, the former home of Old National Bank has its own parking lot with 5 current spaces and room to add several more. Many updates in the last few years including new roof, new boilers, new chillers, and many interior updates. This property is in excellent condition! Floor to ceiling windows on main floor add plenty of natural light and stunning class to the lobby area, as well as a pleasant view of downtown pocket park just across the street. Passenger elevator in great condition makes it easy to access all floors which house over 80 offices, conference rooms and reception areas! Multiple redevelopment opportunities, including mixed-use retail, housing, office space, or even a downtown hotel... the sky is the limit! Last sold in 2007 for 3.1 million dollars and priced GREATLY under last appraised value; sellers are offering a steal of a deal! Priced quickly to sell at $599,900!
County
Knox County
Lot Size
0.4310
Year Built
1966
Sq, ft. finished
21,000sq. ft (approx.)
Subdivision
None
Annual Taxes
29125.40
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Kristi Ritz of KNOX COUNTY REALTY, LLC, 812-887-3797.

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    Office: (812) 882-2202

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Testimonial

Rental Review: Good People. Decent houses. My family and I rented a house with them for 2 years; never experienced a problem with them. If the toilet wasn't working or part of the house needed repair, someone was always available to fix it pretty quick.
A.B.

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Frequently asked questions

Why does the mortgagee sometimes require a Survey of the property?
Most mortgage lenders require a current and valid Real Property Report (survey) and proof of zoning by-law compliance from the local municipality, i.e. city, town, Municipal district, etc. The mortgagee (lender) does this to insure initially that the buildings are entirely within the property boundaries and there is no risk that the security for the mortgage will be damaged by the forced removal of the improvements. Most Lenders will now accept a Real Property Report and evidence of municipal compliance or a policy of Title Insurance.

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Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: April 27, 2024, 3:40 am
IDX information provided by the Indiana Regional MLS

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