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    525 National Ave Brazil, IN 47834

    For Sale
    $299,000

    Historic building, renovated, prime location.

    Property size:
    2,430 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2,430 square foot retail space at 525 E National Avenue in downtown Brazil, Indiana, presents a unique investment opportunity. Formerly known as A & B Farmhouse, this iconic corner building boasts a striking wall mural and has undergone extensive renovations in 2020. Improvements include upgraded electrical and plumbing systems, a new sewer line, updated lighting, commercial-grade doors, enhanced insulation, two gas furnaces, and two air conditioning units. Exterior enhancements feature tuckpointing and new gutters. The property also includes paved rear parking with two spaces and a newly installed garage door. The building's original 1900s storefront windows have been meticulously restored, adding to its historical charm. The interior offers a versatile open-concept layout. The front 1,260 square feet includes a half-bath and office area. The rear 1,170 square feet, also heated and cooled, features a large 10x12x12 overhead garage door, ideal for loading and unloading. This property sits on a 0.16-acre lot and is conveniently located along Route 40. The combination of historical character, modern updates, and prime location makes this a truly exceptional retail space at an attractive price of $299,000. Don't miss this chance to own a piece of Brazil's vibrant downtown.

    Property Features for 525 National Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,430 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    -87.12182
    Latitude
    39.52418

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    FAQs

    What type of property is this?
    Retail property - Historic building, renovated, prime location.
    Where is this retail property located?
    The property is located at 525 National Ave Brazil, IN.
    What is the asking price?
    The asking price for this property is $299,000.
    (812) 605-8097
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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
    525 National Ave Brazil, IN 47834
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