Flex Space with Overhead
611 S Huntington St Syracuse, IN 46567
611 S Huntington St, Syracuse, IN, 46567
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For Sale
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Versatile flex building with a storefront hair salon frontage and rear warehouse/shop space, served by two 10-foot overhead doors.
Property Size3,330 SF
Price / SF$69.07
Days on Market112
Property Features for 611 S Huntington St
General Information
- Standard status
- Active
- Size
- 3,330 SF
- Property subtype
- Industrial, Mixed Use, Retail, Self Storage
Listing agency
RE/MAX Results
(574) 238-1436
Listed by
Steve Miller · License #IN CO88900013
Source
Crexi
Added: Apr 2 Updated: Jul 21 at 5:43PM Checked: Jul 21 at 5:43PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
Located at 611 S Huntington St, Syracuse, IN 46567, this well-maintained 3,300-square-foot commercial building offers a dual-purpose layout with a professional hair salon in the front and warehouse plus commercial shop space in the rear. The space is designed for practical day-to-day operations, with two 10-foot overhead doors providing access to the back portion of the building.
The property sits on a high-traffic street for strong street-level exposure. A solid roof and structure are in place, and the building is presented as move-in ready for an owner-operator or other buyer seeking a flexible setup that combines customer-facing space with back-of-house warehouse functions.
The property sits on a high-traffic street for strong street-level exposure. A solid roof and structure are in place, and the building is presented as move-in ready for an owner-operator or other buyer seeking a flexible setup that combines customer-facing space with back-of-house warehouse functions.
Key Highlights
- 3,300 SF versatile commercial building on a high‑traffic street
- Front space is currently a professional hair salon with storefront frontage
- Rear includes warehouse and commercial shop space with a dual‑purpose layout
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $9.48 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $29.4k | $8.84 |
| − OpEx | −$10.3k | −$3.09 |
| NOI | $19.1k | $5.74 |
3,330 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Retail
$482.3K
$422.1K – $562.7K
NOI $33,764 @ 7.0% cap · market cap 14.68%
Second Best
Flex RnD
$273.2K
$239.1K – $318.7K
NOI $19,124 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$580.1K
$507.6K – $676.8K
NOI $40,610 @ 7.0% cap · market cap 17.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Picket Fences Boutique ...
Hair Salon
Similar For Sale Nearby
Similar Off Market Nearby
- The Pier & Back Porch — 702 E Lake View Rd, Syracuse, IN 46567
- The Twisted Tiki Food Truck — 207 N Harrison St, Syracuse, IN 46567
FAQs
What type of property is this?
Flex space - Versatile flex building with a storefront hair salon frontage and rear warehouse/shop space, served by two 10-foot overhead doors.
Where is this flex space located?
The property is located at 611 S Huntington St Syracuse, IN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 3,300 SF versatile commercial building on a high‑traffic street; Front space is currently a professional hair salon with storefront frontage; Rear includes warehouse and commercial shop space with a dual‑purpose layout
