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123 West Court Ave, Jeffersonville, IN 47130

  • $219,000

  • MLS#: 4873287
  • half Baths: 3

Listing Presented By

Greg Wenger
FIZBER-For Sale by Owner
(812) 697-5336

Prime Location, Historic Downtown Jeffersonville, Indiana1 Block from the Big...

Prime Location, Historic Downtown Jeffersonville, Indiana1 Block from the Big Four Bridge. Zoning: DC (Downtown Commercial) and is in two overlay districts: the Commercial Corridor Overlay District and the Historic District. Location and Visbility! Commercial building already split into two suites. Buy the building, use it all or rent one side out, use the other one for yourself. The left side has 1314 sq. ft. finished out as Office Space. It has a reception area, offices, conference room, 2 half baths, file room and storage room. The other side has 1562 sq. ft. and is mostly a shell and has 3-phase electric.New Project Approved: 1/2 block away.The $30 million development along the 200 block of West Court Avenue will include a mixed-use building with more than 158 residential units and a public access parking structure with 585 spaces.Incentives Restaurant Forgivable Loan ProgramThe Restaurant Forgivable Loan Program is aimed at attracting new restaurants to Jeffersonville, and specifically, to the downtown area, in an effort to encourage more activity and create a more viable and attractive area through private/public partnership. Loans are available for projects of more than $10,000. Loans cover up to 50% of eligible expenses, with the maximum loan amount being $50,000. 10% of the loan amount is forgiven each of the first five years of operation. The remaining 50% of the loan is forgiven in the fifth year and the lien released.Facade GrantThe Jeffersonville Redevelopment Commission offers grants to commercial and industrial businesses, and property owners along the 10th Street Redevelopment Corridor for facade improvement. These improvements can include general building and property improvements, such as exterior painting, repairs, new and improved signage, awning, landscaping and parking lot resurfacing. This program encourages visual improvement as well as historic preservation and economic investment. The funds for this project are limited and available on a first come, first served basis. The Jeffersonville Redevelopment Commission will reimburse 50% of the project costs, up to $10,000. The project must be pre-approved and comply with approved City of Jeffersonville Planning and Zoning Corridor design plans and requirements. An application must be approved in writing before work begins.;Revolving Loan Fund ProgramThese loan interest funds are available for a period of five years. Businesses are asked to prepare a business plan and meet with the Jeffersonville Economic Development Revolving Loan Committee to explain this plan and how the money will be used. The funds are generated from grants, the proceeds of the sale of notes and the proceeds of bonds issued under I.C. 5-1-14-14 and I.C. 36-9-32.

  • $219,000
  • Commercial
  • MLS#: 4873287
  • 3 Half Bathrooms
  • Built In: 1926
  • Last Updated: May 14, 2016
  • Posted: May 12, 2016

123 West Court Ave, Jeffersonville, IN 47130 MLS#: 4873287

123 West Court Ave, Jeffersonville, IN 47130 is an , Commercial in Jeffersonville, Indiana for $219,000 with MLS#: 4873287 and offered by Greg Wenger of FIZBER-For Sale by Owner. To learn more about 123 West Court Ave, Jeffersonville, IN 47130 contact Greg Wenger for more information or to request a showing.

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