Downtown Seymour- UNDER RENOVATION!!

Retail-Commercial for Lease
Catylist Listing ID: 29932793
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 1,200 - 6,000 SF
Building Size (RSF): 6,000 SF
Lease Rate: See Agent
Lease Types: See Agent
Ceiling: 13 ft.
Building Name: 109-111 W 2nd Street
Usable Size (USF): 6,000 SF
Last Updated: 8/4/2017

Overview / Comments

DOWNTOWN SEYMOUR- It's time to open your business in Downtown Seymour. Owners will BUILD TO SUIT- 1200sf to 6000sf available. Owners may consider a single or multi-tenant (4/5). Uses may include boutique shops, restaurants, brew pub, winery and potential 2-3 apartments upstairs. For a well qualified tenant that wants the entire building, owners may consider a complete renovation, restaurant owner brings all of their FF&E, rent calculated on a 5 year use and the tenant may have an option to purchase the entire building after 5 years. New roof, new plumbing, new electrical, new HVAC units, new flooring, new paint scheme and tenant picks the colors if coordinated when new façade is renovated. Unique bay windows, can have single or dual doors in front. Separate entry for upstairs from outside at the street or can be configured from the side or moved inside to the side or remain in the middle.

Expand All Available Space

Suite: 1 6,000 SF See Agent
Level/Floor: 1
Space Available: 6,000 SF
Minimum Divisible: 1,200 SF
Lease Rate: See Agent
Lease Type: NNN
Space Description: Under renovation and ready for a Build To Suit. There are 2 floors and the first floor currently is split with about 1200sf on the smaller side and 1800sf on the other side. This can be opened up and adjoined for 3000sf shared. Upstairs use to be 2-3 offices and 2-3 apartments and we will consider this again depending on the tenants interest. All plumbing, HVAC, electrical, etc will be replaced.
Space Subcategory: Office Building, Free-Standing Store
Date Available: 2/3/2016
Space Type: Relet
Rent Escalators Step-Up Lease
Rent Escalators Description Depending on final agreement and the required cost of the Tenants build out.
Rent Concession Since the Owners plan to Build to Suit, once we hand over the keys, rent begins within 30 days of possession and you open for business.

Additional Details

Nearest MSA: Seymour
County: Jackson
Submarket Type: Historic District
Tax ID/APN: 36-66-17-317-043.000-009
Zoning: C-4, CENTRAL BUSINESS DISTRICT
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: N Chestnut St and Indianapolis Ave
Property Visibility: Good
Largest Nearby Street: State Hwy 50
Highway Access: Immediate access to Hwy 50 and then about 1 mile to I-65 that takes you to Indianapolis or Louisville in about an hour either way.
Airports: Freeman Municipal Airport, Louisville International Airport, Indianapolis International Airport
Site Description: This building is situated much like the surrounding buildings which in a Historic Downtown. The building runs from the sidewalk to the alley or there about. You have 3000sf per floor double stacked. Some space open to the rear of the building accessible by the alley.
Area Description: Downtown Seymour is in a Downtown Historic District and has several buildings within the Nationally Registered Historical District. Very walkable and offers a great small hometown USA feel. You are near everything and can walk to lots of stuff like restaurants, the hospital, retail shops, banks, hardware stores, ice cream shop, several service businesses, schools, small grocery stores and you can even catch a train cruising through town on occasion and that's really cool.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,000 SF
Property Condition: Good
Year Built: 1880
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: To be renovated inside and out. The outside will be a more historically correct period of VIBRANT colors that highlight the detailed features that make the building attractive. Bay windows on the second floor will pop! Owners will look at the faced and consider bring back the most original look but also take in to consideration the functional use if the tenant has a desire for only one entry side entry etc. We just want it to look good.
Parking Type: Surface
Parking Description: There are several free public parking lots throughout Downtown and there is also plenty of free street parking (NO METERS).
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Interior plans will vary with selected tenants as we want to build to suit. Our preference is to use as much of the existing materials like wooden floors, exposed brick, exposed ceiling joist, beam features where applicable. The 1st floor has a wall down the center but we can open the wall for shared access. The upstairs could be part of the restaurant use for entertainment, more seating, events etc. We may consider taking a portion of the floor out to open it like a cat-walk or balcony look. Lets be creative!!
Zoning Description: The C-4, Central Business District, is intended as the traditional center of commerce for the city. This district is characterized by traditional downtown development patterns and uses, including buildings located close to the street, pedestrian orientation, financial and government centers, retail and entertainment uses. (Per the City of Seymour)
Water Service: Municipal
Sewer Type: Municipal
Legal Description: E 1/2 25' LOT 13--K 5' W SIDE LOT 12--K

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,504 17,419 25,201
Median Age: 34.22 36.36 37.34
Households: 3,333 6,916 9,880
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