REVAMP, RETHEME, & RESTART! A RARE opportunity to purchase 4.126 acres of C1 zoned (Small to Medium Scale General Commercial) real estate that is ideal to repurpose for multifamily residential development or retail! This property is the original 42-unit "Jefferson Villa Motel" which closed March of 2020 due to COVID-19 restrictions, it has been family owned since 1960 and not been offered to the public since then! Property includes (5) 1956 built concrete block and wooden frame buildings with 13,000+ SF (are all in need of repairs & updates), 430’ +/- of road frontage on East 10^th St, & high visibility. Located just 1.5 miles from I-65 Exit #1 (Downtown Jeffersonville), 3.5 miles from I-265, & 4 miles from Louisville, KY! EXCELLENT proximity to restaurants, shopping, fun things to do, parks, and other amenities! Clark County has a population of 121,000+ and steadily growing! Outstanding investment opportunity in Southern Indiana!

Jeffersonville 4.1 Acre Commercial Real Estate Online Only Auction