Active

I-65 & 1st Exit to Jeffersonville Over 21ksf

519-525 Michigan Ave, Jeff, IN 47130

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Overview

Huge opportunity to own property at the first Exit and a Gateway to Downtown Jeffersonville. This property faces W Court Ave and Michigan Ave and it carries a Michigan Ave address. Currently used as a retailer for fireworks and it has alot of space (21,576sf) that includes a light warehouse space on 1st floor totaling 13,810sf and a 2nd floor level has 3648sf, which has a separate outside exit as well. The warehouse has 2 docks, a drive in bay door, open floor with several access doors to the various areas of the bldg. Also included is a retail building at 4118sf that fronts Michigan Ave and is currently occupied by an office tenant and a restaurant tenant. The warehouse currently has a tenant, however the 2nd floor office space is vacant. Court Ave being an entry into the City for Downtown is prime for a potential Public Private Partnership with the City of Jeffersonville should you have a "Bigger Picture" plan to discuss. The City Redevelopment owns multiple parcels that have been acquired for just such a plan. The right plan would change the entire entry into the City unlike ever before. Make this part of your plan and see what the City Redevelopment might have in their toolbox as to incentives such as TIF funds and other tax abatements etc.

For Sale

Retail

Secondary Uses: Free Standing

Sale Price
$1,625,000
Price Per SF
$75.32/SF
Building Size
21,576 SF
Acres
1.01 ac
Zoning
CD- Commercial Downtown
Zoning Desc.
In the City of Jeffersonville, Indiana, "CD" zoning stands for Commercial Downtown. This zoning district is designed to promote a mix of commercial, residential, and public uses within the downtown area, fostering a vibrant and walkable urban environment
# of Buildings
2
Floors
2
Nearest MSA
Metro Louisville KY
Property Status
Existing
In Opportunity Zone
Yes
County
Clark
Available
07/10/2025
Listed
07/10/2025
Updated
01/10/2026
Listing ID
ff6bc896
Parcel APN
101900101147000010
Additional Parcel APNs