Two-Story Office and Retail
For Sale
Contact for pricing
224 S FIFTH ST, Richmond, IN 47374
Two-story building with reception, multiple office spaces, kitchenette, atrium, and basement storage.
Property Size1,750 SF
Price / SF$157.14
Days on Market154
Property Features for 224 S FIFTH ST
General Information
Standard status
Active
Size
1,750 SF
Class
B
Total Parking Spaces
3
Property subtype
Retail, Office, Mixed Use
Zoning
Commercial
Occupancy
60%
Lease Type
NNN
Net Operating Income
$3,097
Building Details
Year Built
1950
Buildings
1
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Coldwell Banker Lingle
Listed By:
Alan Stamper · License #IN RB16001438
(727) 771-8773
Source:
Crexi
Added: May 20
Changed: Oct 18
Last Checked: Oct 19 at 4:21AM
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 Coldwell Banker Lingle
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Investment Insights
Based on property information with market context.
This two-story commercial building totals 1,750 square feet and is laid out with a welcoming reception area on the main level. The space includes multiple office areas, a shared restroom, a fully equipped kitchenette, and a prominent atrium featuring a fountain. A full basement provides additional storage.
The property is positioned along a high-traffic corridor with outstanding visibility.
Rich wood craftsmanship is featured throughout, along with three fireplaces, adding character to the interior.
The property is positioned along a high-traffic corridor with outstanding visibility.
Rich wood craftsmanship is featured throughout, along with three fireplaces, adding character to the interior.
Key Highlights
- 1,750 SF two‑story commercial building built in 1950
- Main level includes a reception area and multiple office spaces
- Includes a fully equipped kitchenette and a shared restroom
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Explore this area
Business Placement
Demographics for 47374, IN
45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two-story building with reception, multiple office spaces, kitchenette, atrium, and basement storage.
Where is this office building located?
The property is located at 224 S FIFTH ST Richmond, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,750 SF two‑story commercial building built in 1950; Main level includes a reception area and multiple office spaces; Includes a fully equipped kitchenette and a shared restroom
