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    9400 Canal St Yorktown, IN 47396

    For Sale
    $575,000

    Versatile property, prime location, investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.83-acre property at 9400 W Canal Street in Yorktown, Indiana, presents a unique blend of commercial and residential possibilities. Situated in the heart of Yorktown, near the Town Hall, restaurants, and shops, this location offers unparalleled accessibility and visibility. The property comprises two parcels and includes a charming one-story home boasting over 1,500 square feet of finished living space. The home features three bedrooms, two full bathrooms, a full basement providing ample storage, and the convenience of an attached one-car garage. This existing structure offers immediate usability, whether as a residence or for commercial adaptation. The expansive lot size provides significant potential for future development or expansion, catering to a wide range of commercial ventures. The property's strategic location within Yorktown makes it an attractive investment for those seeking to capitalize on the town's growth and vibrant community. This is a rare opportunity to acquire a piece of Yorktown's history while simultaneously securing a promising future. The asking price is $575,000. Don't miss this chance to own a property with such diverse potential in a thriving Indiana town.

    Property Features for 9400 Canal St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    36,155 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    Delaware
    State
    Indiana
    Longitude
    -85.49795
    Latitude
    40.17365

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile property, prime location, investment opportunity.
    Where is this commercial real estate located?
    The property is located at 9400 Canal St Yorktown, IN.
    What is the asking price?
    The asking price for this property is $575,000.
    (260) 615-5909
    Request Owner's contact information
    9400 Canal St Yorktown, IN 47396
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    Yorktown, IN 47396
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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
    9400 Canal St Yorktown, IN 47396
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