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    111 Main Cross St Edinburgh, IN 46124

    For Sale
    $350,000

    Historic building, retail & apartment potential.

    Property size:
    8,153 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property, located at 111 E Main Cross Street in the heart of Edinburgh's historic district, presents a unique investment opportunity. The building boasts a total of 8,153 square feet, offering significant potential for expansion and diverse income streams. Currently, the first floor features a leased retail space, generating immediate rental income. Above, a second-floor apartment is already in place, providing additional revenue potential. The existing structure offers ample space to develop additional residential units, further enhancing the property's value and return on investment. The building has undergone a restoration, ensuring its historical charm is preserved while offering modern functionality. Situated on a 0.09-acre lot, the property benefits from its prime location in the vibrant downtown area, providing excellent visibility and accessibility. This is an ideal acquisition for investors seeking a strong return or business owners looking to expand their operations into a beautifully restored, historic building. The property's size and versatile layout offer considerable flexibility for a variety of uses, making it a truly exceptional opportunity in the thriving Edinburgh market. The asking price is $350,000.

    Property Features for 111 Main Cross St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,153 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Edinburgh
    County
    Johnson
    State
    Indiana
    Longitude
    -85.96612
    Latitude
    39.35404

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    Nearby Similar for Sale

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      Downtown Edinburgh Mixed-Use Building

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building, retail & apartment potential.
    Where is this mixed-use property located?
    The property is located at 111 Main Cross St Edinburgh, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    (317) 804-1795
    Request Owner's contact information
    111 Main Cross St Edinburgh, IN 46124
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    Edinburgh, IN 46124
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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
    111 Main Cross St Edinburgh, IN 46124
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