801 E Main St - Storefront Retail/Office FOR SALE


Richmond, IN 47374
$550,000 USD
765-994-8822
801 E Main St, Richmond, IN for Sale
$550,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

801 E Main St
Richmond, IN 47374


OVERVIEW

Exceptional opportunity to own a cornerstone property in the heart of Downtown Richmond’s historic district. This 2-story, mixed-use commercial building spans 5,415 total square feet and sits prominently on Main Street with maximum visibility and foot traffic. Featuring ground-floor retail space, flexible upper floors, a full basement, and a rear garage with an over head door, the property is primed for retail, office, studio, storage, or potential residential conversion. Positioned on 0.1350 acres, the structure was originally built in 1934 and tastefully updated in 2017. It offers three parking spaces, 14-ft ceilings, gas forced air heat, and central air throughout. Utilities are on city services with electric, gas, and water, and the space is well-lit with fluorescent lighting. This location benefits from being at the epicenter of Richmond’s ongoing $100M+ revitalization effort—including over $55 million in historic redevelopment, $25 million in Lilly Endowment grants, and $21.2 million in citywide public improvements. With $2.39 million in ARPA funds and additional infrastructure upgrades underway, the area is experiencing rapid transformation in walkability, lighting, and commercial appeal. The property also lies in an Enterprise Zone and Historic District, offering potential tax credits. Strategically located at the corner of 8th and Main, this building offers unmatched exposure and investment potential in a downtown poised for long-term growth and economic resurgence. CONTACT PETEBASFORD AT 765-993-9910 OR ALAN STAMPER AT 765-994-8822 FOR A PRIVATE SHOWING

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C-3

APN/PARCEL ID

89-18-05-220-209.000-030

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.