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    Bradley St Marengo, IN 47140

    For Sale
    Contact for pricing

    1,400 SF Office Building - Auction!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This 1,400 square foot commercial building presents a compelling investment opportunity in Marengo, Indiana. Constructed in 1948, the structure boasts concrete block construction and a concrete floor, offering a solid foundation. The roof, approximately 10 years old, is a rolled roof design. The property includes a half bath (sink and toilet) and benefits from 20 feet of road frontage, enhanced by a 6x20 foot storefront canopy. Electricity is currently connected. The building is situated on a 0.03-acre town lot in Marengo. While the property requires repairs and updates, its location and existing features provide a strong base for renovation and potential future income. The building is being sold via auction, concluding September 14th at 6 PM. An open house is scheduled for Wednesday, September 7th, from 4 PM to 5 PM, allowing prospective buyers a chance to inspect the property firsthand. Detailed auction information and bidding can be accessed online. This is a chance to acquire a commercial property in a convenient location at an attractive price. Don't miss this opportunity to add this property to your portfolio.

    Property Features for Bradley St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    1,307 SF

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Marengo
    County
    Crawford
    State
    Indiana
    Longitude
    -86.34255
    Latitude
    38.3692

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    FAQs

    What type of property is this?
    Office Property / Space - 1,400 SF Office Building - Auction!
    Where is this office property / space located?
    The property is located at Bradley St Marengo, IN.
    What is the asking price?
    The asking price for this property is $1.00.
    (812) 738-9476
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    Bradley St Marengo, IN 47140
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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
    Bradley St Marengo, IN 47140
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