Building Details

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Listing Agency: Tarter Realty Auction and Appraisal Company p***@teamtarter.com Show Phone

Listed By: Paul Faddis · License #IN RB15000347

Source: Crexi

Added: Nov 5, 2024 Changed: Aug 21 Last Checked: Aug 14 at 5:57AM

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Investment Insights

Based on property information with market context.

This commercial property is located along US 27, between Winchester and Richmond, near the intersection of US 27 and US 36. The location offers visibility and accessibility in a rural community, near a school, gas stations, and local businesses. The 768-square-foot building is suited for food service or specialty retail operations. It features a functional layout, including a 23-foot by 8-foot prep room equipped with an 8-foot by 8-foot walk-in freezer and an 8-foot by 8-foot walk-in cooler, a 19-foot by 9-foot wash/prep area, and a 23-foot by 14-foot showroom space. The property is positioned for a drive-thru or quick-service concept. It presents an opportunity for entrepreneurs or investors looking to serve a growing rural market.

Key Highlights

• High‑traffic location on US 27 between Winchester and Richmond
• Seller financing is available
• Ideal for drive‑thru or quick‑service concept

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Building Supply Grocery & Convenience Store Storage Facility Garden Center Butcher

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

88

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Petroleum Shops & Services

3,497 visits/mo 0.3 miles

Demographics for 47355, IN

2,546

Population

1,420

Households

1.8

Avg Household Size

44

Median Age

11%

College-Educated

92%

High-School Grad

63.0 sq mi

ZIP Area

40

Density / Sq Mi

$65,172

Median Household Income

$37,525

Median Earnings

$712

Median Rent

$102,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial space with high visibility and drive-thru potential.

Where is this retail space located?

The property is located at 406 N Main St Lynn, IN.

What is the asking price?

The asking price for this property is $149,900.

What are key features of this property?

This property features: High‑traffic location on US 27 between Winchester and Richmond; Seller financing is available; Ideal for drive‑thru or quick‑service concept