$375,000
$400,000
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126, 128, 130 E Jefferson Street Tipton, IN 46072
0.46 Acres Lot
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 202303041
Sold Date 08/11/23
Year Built 1900
Annual Tax Amount $3,982
Tax Year 2022
Lot Size 0.460 Acres
Property Sub-Type Restaurant/Bar
Property Description
Once in a lifetime investment opportunity to own .46 of an acre on the courthouse square in Tipton. The Iconic Ti-On Lounge has had a front row seat for downtown events for 60 years. This prime commercial location with off street parking is being sold with the neighboring building. Between the two properties you have endless possibilities to be the future Icon! zoning is B1 on both parcels and current uses have included bar/restaurant and office spaces on the main floor with apartment possibilities on the 2nd floor. The bar also has a 2nd floor consisting of 1682 sq ft with 11 ft ceilings that has never been developed. 3 Way liquor license and tobacco permit will be included with the sale.
Location
State IN
Area Tipton County
Zoning B1
Direction Properties are on the north side of Jefferson st (SR 28) between Main st (SR 19) and Independence st.
Interior
Flooring Carpet, Laminate
Appliance Building, License Included
Laundry , 30
Exterior
Roof Type Flat
Total Parking Spaces 30
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with BLOOM NonMember • NonMember BL