525 N Gardner ST, Vienna, IN 47170
525 N Gardner ST, Vienna, IN 47170
525 N Gardner ST, Vienna, IN 47170
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$795,000
Est. payment /mo
0.35 Acres Lot
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202609450

Construction Status Resale

Year Built 1949

Annual Tax Amount $2,724

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Retail

Property Description

Excellent investment opportunity in the heart of Scottsburg! This fully leased 10-unit apartment complex is a turnkey asset offering immediate cash flow and long-term growth potential. Located on the highly visible corner of N Gardner Street and Lakeshore Drive, the property has been thoughtfully updated with recent renovations throughout the units, providing modern, comfortable living spaces that attract and retain tenants.

Residents enjoy ample parking, an efficient property layout, and a location that sets this investment apart. Just steps away is Lake Lola Park, featuring scenic walking trails around the lake, giving tenants convenient access to outdoor recreation and green space. The complex is also minutes from downtown Scottsburg, where dining, shopping, and everyday amenities are easily accessible.

With quick access to I-65, tenants benefit from convenient commuting options, helping support strong rental demand and low vacancy rates. Whether you're an experienced investor looking to expand your portfolio or searching for a low-maintenance multifamily property, this income-producing asset offers stability, location, and future upside in a growing market. Don't miss this opportunity to own a renovated, fully occupied apartment complex with proven performance.

Location

State IN

County Scott

Direction I-65N to exit 29 East on McLain Ave to Gardner St (Hwy 31), left on Gardner, property on the right.

Interior

Fireplace No

Exterior

Present Use Retail

Building

Construction Status Resale

Others

Tax ID 0078330519


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Listed by eXp Realty, LLC
Shawne Mardis

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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525 N Gardner ST