Coonies Corner

For Sale

120 W Mcclain Ave, Scottsburg,, IN 47170

This Scottsburg, property for sale is located at 120 W Mcclain Ave. The general use of Coonies Corner is retail and it incorporates 27,688 square feet of class A retail space. The current listed sale price for Coonies Corner is $975,000. Coonies Corner is situated on a lot that is 2.89 acre in size.

Contacts

broker

Kimberly Dattilo

SVN | Menish Commercial Real Estate

Property Details

  • Property Type Retail - Strip
  • Property Size 27,688 SF
  • Units 5
  • Lot Size 2.89 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1969
  • Year Renovated 1984
  • Date Updated Jul 10, 2024
East of I-65 on E. McClain Avenue, just past N. Gardner Street on the North Side of E. McClainWelcome to 120 W McClain Ave, Scottsburg, Indiana - Your Premier Shopping Destination! Discover the epitome of convenience and style at this prime commercial real estate gem, strategically located at 120 W McClain Ave in the heart of Scottsburg, Indiana. Presenting an unparalleled opportunity for retailers, entrepreneurs, and investors alike, this dynamic shopping center embodies the perfect blend of modern sophistication and community charm. Nestled in a bustling and high-traffic area, our shopping center is strategically positioned to capture the attention of both local residents and passing travelers. Benefit from the unbeatable visibility and accessibility that this location provides. Located in close proximity to schools, residential areas, and recreational spots, our shopping center becomes an integral part of the community's daily life, ensuring a steady flow of foot traffic and sustained business growth. Sav a lot has 16154 sqft of inline space within the shopping center parcel. ***In addition, their lease includes control of the adjoining property. The adjoining property is a separate parcel but included in the sale. It would be described as a free standing 4000 sqft metal building with 20’ ceilings, 1 drive in door and 1 dock door. The lot of which it is situated is subject to survey but approximately 1/2 acre. The rental rate of $3.58 PSF does not reflect the additional 3000 sqft that Sav a lot has included in their lease. Essentially, this parcel had to be included in the sale due to it is encumbered by the Sav a lot lease. At some point in the future this property could stand on its on as a separate parcel and hold significant upside.

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Highlights

  • * Multi-tenant Income Producing Property
  • * Ample Parking
  • * Excellent Location
  • * Includes 4000 SF Warehouse Space on Property
  • PROJECTED NOI $86,881.00 at a 7.5 Cap = $1,158,413.33 VALUE

Getting around

  • 74/100

    Walk Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Scottsburg,, IN
  • Zip Code 47170

Points of Interest

  • Sunoco

    0.33 miles

  • Marathon

    0.37 miles

  • Moto Gas Station

    0.44 miles

  • Casey's General Store

    0.46 miles

  • Speedway

    0.73 miles

  • Circle K

    1.04 miles

  • Murphy USA

    1.30 miles

  • Leota Trailhead

    6.85 miles

  • New Chapel Trailhead for Knobstone Trail

    9.38 miles

  • Elk Creek Trailhead

    9.97 miles

  • Burger King

    0.54 miles

  • Sonic

    0.58 miles

  • Yamato Japanese Steakhouse

    0.58 miles

  • Popeyes

    0.60 miles

  • Subway

    0.61 miles

  • Hardee's

    0.63 miles

  • Taco Bell

    0.63 miles

  • Jimmy John's

    0.67 miles

  • Domino's

    0.72 miles

  • Denny's

    0.76 miles

  • Save-A-Lot

    0.01 miles

  • JayC Food Store

    0.59 miles

  • Walmart Supercenter

    1.26 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kimberly Dattilo

SVN | Menish Commercial Real Estate