224 S 5th St - Medical FOR SALE


Richmond, IN 47374
$275,000 USD
765-994-8822
224 S 5th St, Richmond, IN for Sale
$275,000 USD
Medical - FOR SALE
1/14
null | 15% Cap Rate

224 S 5th St
Richmond, IN 47374


HIGHLIGHTS

  • Heavily trafficked street
  • Excellent retail space available

OVERVIEW

Take advantage of this exceptional opportunity. This 6129 SF building is 60% leased, with a cap rate of 15%. It is a commercial building situated along a high-traffic corridor with outstanding visibility. The main level of this attractive two-story property, which is for lease, offers a welcoming reception area, multiple office spaces, a shared restroom, a fully equipped kitchenette, a stunning atrium with a fountain, and abundant storage in the full basement. Rich wood craftsmanship and three fireplaces add warmth and character throughout the space. For additional information or to arrange a private showing, contact Alan Stamper at 765-994-8822.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

ZO01

APN/PARCEL ID

89-18-05-230-225.000-030

ASK ABOUT THIS PROPERTY

Alan StamperColdwell Banker LingleMore Info
765-994-8822

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Alan StamperColdwell Banker LingleMore Info
765-994-8822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.