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    114 Market St Borden, IN 47106

    For Sale
    $250,000

    Historic General Store, Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional commercial property, located at 114 Market Street in Borden, Indiana, presents a remarkable investment opportunity. Situated on a highly visible section of State Highway 60, this prime retail location boasts a rich history as the former Brewer's General Store. The building, constructed in 1926, offers substantial space with approximately 5091 square feet on the first floor and an additional 1616 square feet on the second floor, providing ample room for a variety of business ventures. The property sits on a combined lot encompassing 0.2390 acres (Lot #34) and a portion of Lot #43 (63.5 x 82.5 feet), offering excellent visibility and potential for expansion. The sale includes a comprehensive inventory of retail equipment, significantly reducing start-up costs for the new owner. This equipment includes all coolers, various food preparation and pizza-making equipment, extensive shelving, and other essential retail fixtures. The high-traffic location and existing infrastructure make this a turnkey operation, ideal for an entrepreneur seeking a well-established space with significant potential for growth. The building's historic character adds unique charm and appeal, while its size and location offer unparalleled opportunities for success in the vibrant Borden market. The asking price for this exceptional property is $250,000.

    Property Features for 114 Market St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1926
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Parts Store Food Market Accounting Firm Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Borden
    County
    Clark
    State
    Indiana
    Longitude
    -85.94578
    Latitude
    38.4672

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    FAQs

    What type of property is this?
    Retail property - Historic General Store, Huge Potential
    Where is this retail property located?
    The property is located at 114 Market St Borden, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    (812) 944-7024
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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
    114 Market St Borden, IN 47106
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