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    623 W National Ave Brazil, IN 47834

    For Sale
    $284,900

    Retail/Service - Brazil, IN

    Days on Market:
    71
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 623 W National Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    KEY REALTY INDIANA (877) 539-7589

    Listing agent Laura Hudson (877) 539-7589

    Listing date Oct 2, 2025

    MLS# 106738 Listing URL

    Copyright © 2025 Terre Haute Area 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

    Versatile Commercial Building on National Avenue

    This all-brick commercial building, situated on a corner lot with two parcels, offers excellent visibility in a high-traffic location on West National Avenue. The property features two separate units, each with independent HVAC systems, making it ideal for a wide range of business uses. There are three bathrooms, with potential for a fourth. The property includes ample parking with 18+ spaces. A fenced outdoor space provides opportunities for daycare or other creative uses. The roof is approximately 7 years old. The layout works well for retail, salon, professional offices, health services, daycare, and more, offering flexibility for investors or owner-occupants to operate a business in one side and lease the other, or utilize both units together. Included with the property are a coffee bar (which can be removed at the buyer’s request), oven and microwave, cabinets and cubbies on the daycare side (optional; seller will remove if not wanted), a back bar with sink, kitchen cabinet doors (currently in storage), black chairs, bar stools, and three smaller tables. Note that the coffee shop business is not included in the sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brazil
    County
    Clay
    State
    Indiana
    Longitude
    -87.119132
    Latitude
    39.525031

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    FAQs

    What type of property is this?
    Retail space - All-brick commercial building with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 623 W National Ave Brazil, IN.
    What is the asking price?
    The asking price for this property is $284,900.
    What are key features of this property?
    This property features: - Prime location on West National Avenue with excellent visibility and high traffic.; - Two separate units offer flexibility for investors or owner-occupants to operate a business and lease the other unit.; - Ample parking with 18+ spaces on a corner lot with two parcels.
    (877) 539-7589
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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
    623 W National Ave Brazil, IN 47834
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