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    117 W Main St Berne, IN 46711

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    For Lease
    $3 SF/Yr ($2,988 /Mo)

    Retail building with parking and billboard in downtown Berne.

    Property size:
    11,954 SF
    Lot size:
    384.93 Acres

    Property Features for 117 W Main St

    General Information

    Size
    11,954 SF
    Lot size
    384.93 Acres

    Source: Allied Commercial Agent Dave Horacek

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Berne Retail Space

    This offering features a 2-parcel package, including an 11,954-square-foot street retail building located in downtown Berne, Indiana, and a highly visible billboard. The retail building is situated just over a quarter mile from US-27. Included with the retail building is a 0.18-acre parking tract.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Berne
    County
    Adams
    State
    Indiana
    Longitude
    -84.9505749
    Latitude
    40.6581153

    Nearby Similar for Lease

    • $7 SF/Yr
      15,000 SF

      Berne Corporate Office Space Available

      15,000 SF corporate office space for lease in Berne, IN.
      917 Liechty Rd, Berne, IN 46711
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail building with parking and billboard in downtown Berne.
    Where is this retail space located?
    The property is located at 117 W Main St Berne, IN.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Two-parcel package including a highly visible billboard; - 11,954 SF street retail space in downtown Berne, Indiana; - Includes a .18 acre parking tract
    (260) 760-1988
    Request Owner's contact information
    117 W Main St Berne, IN 46711
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    Berne, IN 46711
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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
    117 W Main St Berne, IN 46711
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