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Auto Repair Facility with Drive-Through Bays
For Sale
$575,000

201 S Main Street, Cloverdale, IN 46120

A triple-net-leased automotive property includes multiple service bays and surface parking.

Property Size5,352 SF
Price / SF$107.44
Days on Market194

Property Features for 201 S Main Street

General Information

Standard status Active
Size 5,352 SF
Property subtype Commercial
Zoning CBD

Additional Details

Cap Rate 9%

Building Details

Building Size 5,352 SF
Buildings 2
Stories 2
Construction Concrete block and metal panel
Listing Agency: Gardner Property Group
Listed By: Isaac VanCuren · License #RB24000254
Source: Battsrealestategroup
Added: Apr 14 Changed: Oct 22 Last Checked: Oct 23 at 10:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gardner Property Group

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Investment Insights

Based on property information with market context.

The 5,352-square-foot automotive repair property comprises two connected structures with multiple drive-through service bays. Construction includes concrete block and metal panels, topped by a standing-seam metal roof. The property is leased on a triple-net basis and carries a 9% cap rate at the asking price.

Located at 201 S Main Street in Cloverdale, the facility occupies a corner parcel with surface parking and access from both directions. Zoning is CBD.

Key Highlights

  • 5,352 SF automotive repair property with multiple drive‑through service bays
  • Two connected structures with concrete block and metal panel construction
  • Standing‑seam metal roof

Property Analytics

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Open Analytics

Current Use

Haywood's Auto & Wrecker ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Real Estate Agency Building Supply Auto Parts Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46120, IN

5,891
Population
3,045
Households
1.9
Avg Household Size
45
Median Age
15%
College-Educated
90%
High-School Grad
91.7 sq mi
ZIP Area
64
Density / Sq Mi
$55,192
Median Household Income
$37,409
Median Earnings
$841
Median Rent
$166,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • WT ENTERPRISE — 3283 IN-42, Cloverdale, IN 46120
  • Baker's Auto Care LLC — 608 S Main St, Cloverdale, IN 46120
  • Kilgore's Auto Glass — 54 Weber St, Cloverdale, IN 46120
  • Haywood's Auto & Wrecker Service — 201 S Main St, Cloverdale, IN 46120

Frequently Asked Questions

What type of property is this?
Auto shop - A triple-net-leased automotive property includes multiple service bays and surface parking.
Where is this auto shop located?
The property is located at 201 S Main Street Cloverdale, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 5,352 SF automotive repair property with multiple drive‑through service bays; Two connected structures with concrete block and metal panel construction; Standing‑seam metal roof
More about this property
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