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106 State Street, Newburgh 100-106 State St 9,075 SF 100% Leased Retail Building Newburgh, IN 47630 $3,123,780 CAD ($344.22 CAD/SF)
Executive Summary
Live, Work, and Invest in Historic Downtown Newburgh Situated along the scenic Ohio River, this premier 9,075 SF impeccably updated building perfectly blends high-end residential luxury with stable commercial income. The property boasts an exceptional layout designed for maximum versatility. The 3,136 SF first floor features a fully leased retail space with 2 active tenants, while the 3,347 SF second floor hosts a vibrant professional hub with 5 office tenants and a shared common area. On the third floor, you will find a spectacular 2,592 SF owner’s residence that easily doubles as a premium short-term rental. This high-end living space offers an open floor plan, a gourmet kitchen with two butler’s pantries, top-tier appliances, and a breathtaking rooftop patio with sweeping river views and full utility hookups. Sellers are also open to a leaseback option for a limited time. The residential layout is incredibly accommodating, offering up to 6 versatile bedrooms, 3.5 bathrooms, a dedicated home office, a bunk room, and a full basement suited for storage or a storm shelter. This top floor can easily transform into a luxury corporate office suite featuring 6 private offices, a conference room, a bullpen, and an exclusive rooftop event space. Enjoy unparalleled foot traffic and lifestyle perks, just steps from the Rivertown Trail, Allen Family Amphitheater, and Newburgh’s vibrant shopping district.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,075 SF
Building Class
B
Year Built/Renovated
1901/2024
Price
$3,123,780 CAD
Price Per SF
$344.22 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.16
Lot Size
0.18 AC
Frontage
90’ on State St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Academy Energy Group
- Construction
- -
- -
- -
- Flutter
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Academy Energy Group | Construction | - | - | - | ||
| Flutter | Retailer | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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106 State Street, Newburgh | 100-106 State St
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