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 Market109
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: Aug 31
Last Checked: Aug 30 at 11:30PM
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
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
Property Profile
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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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
