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    626 S B St Richmond, IN 47374

    New
    For Sale
    $195,000

    Commercial Building - Richmond, IN

    Lot size:
    0.08 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 626 S B St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    APN
    89-18-05-220-531.000-030
    Parking features
    Garage
    Lot size
    0.08 Acres

    Building Details

    Architectural style
    Other

    Ryan Cate Auctions & Real Estate LLC (765) 960-5708

    Listing agent Ryan Cate (765) 960-5708

    Listing date Dec 11, 2025

    MLS# 11617655 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Commercial Building For Sale

    This commercial building presents an excellent opportunity for small or new businesses. The property has been completely remodeled, featuring new flooring, paint, and lighting throughout. The bathrooms have been renovated. A new HVAC system is scheduled for installation in 2025. The building offers office space and a large, open floor plan suitable for various business needs. Situated in Richmond, Indiana, the solid building has been updated and is zoned 200. The lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.893322
    Latitude
    39.826131

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    FAQs

    What type of property is this?
    Office space - Completely remodeled commercial building with new HVAC in 2025.
    Where is this office space located?
    The property is located at 626 S B St Richmond, 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: - Completely remodeled with new flooring, paint, and lighting; - New HVAC installed in 2025; - Renovated bathrooms
    (765) 960-5708
    Request Owner's contact information
    626 S B St Richmond, IN 47374
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    Richmond, IN 47374
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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
    626 S B St Richmond, IN 47374
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