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    149 Main St Colfax, IN 46035

    For Sale
    $195,000

    Other/Unknown, Vacant - Colfax, IN

    Lot size:
    0.17 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 149 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    12-13-08-940-050.000-140
    Parking
    5
    Interior features
    Block, Basement
    Exterior features
    Basement
    Lot size
    0.17 Acres

    Utilities

    Heating system
    None (Heating)

    Building Details

    Year built
    1900
    Floors in Building
    3
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    Trueblood Real Estate (765) 838-1998 [email protected]

    Listing agent John Townsend (765) 838-1998 License #RB18001755

    Listing date Nov 6, 2025

    MLS# 202545110 Listing URL

    Copyright © 2025 Lafayette Regional Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Colfax Corner Lot Opportunity

    This two-story, all-brick building presents an investment opportunity in downtown Colfax, Indiana. Situated on a corner lot, the vacant building has been cleaned out and awaits revitalization. The property offers potential for retail space or a restaurant/bar. Interested parties should consult with local officials to explore other potential uses for the property. The lot size is 0.17 acres and it is located in Clinton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Kitchen & Bath Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colfax
    County
    Clinton
    State
    Indiana
    Longitude
    -86.667316
    Latitude
    40.193632

    FAQs

    What type of property is this?
    Storefront property - Two-story brick building in downtown Colfax, Indiana.
    Where is this storefront property located?
    The property is located at 149 Main St Colfax, IN.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Prime downtown location in Colfax, IN.; - Corner lot property.; - Two-story, all-brick building.
    (765) 838-1998
    Request Owner's contact information
    149 Main St Colfax, IN 46035
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    Colfax, IN 46035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    149 Main St Colfax, IN 46035
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