315 N Main St - Office FOR SALE


Brownstown, IN 47220
$250,000 USD
812-343-4979
315 N Main St, Brownstown, IN for Sale
$250,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

NEW


315 N Main St
Brownstown, IN 47220


OVERVIEW

320 N. Sugar Street offers an opportunity to acquire a 5,080-square-foot, single-story office property in Brownstown, Indiana, located approximately one block off Main Street. The property includes four existing office suites, approximately 15 parking spaces, and four HVAC units, three of which have reportedly been replaced within the past five years. The property is currently being used by a local not-for-profit organization on a temporary, rent-free basis and is expected to be vacated. The existing interior layout is somewhat compartmentalized, providing a purchaser the opportunity to reconfigure the space to meet their specific needs. Offered at $250,000 ($49.21/SF), the property is being sold in its current condition with no planned seller improvements. The seller has also advised that there may be a roof issue, which has not been independently verified. Prospective purchasers should conduct their own inspections and due diligence. The combination of size, parking, multiple office suites, and an attractive acquisition price provides an opportunity for an owner-user or investor to establish, expand, or reposition a commercial property in Brownstown.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Investment Opportunity

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

HB

APN/PARCEL ID

36-54-11-404-058.000-002

ASK ABOUT THIS PROPERTY

Kim RockerBreeden Commercial, LLCMore Info
812-343-4979

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Kim RockerBreeden Commercial, LLCMore Info
812-343-4979

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