Remodeled Flex Space with Loading
For Sale
Contact for pricing
616 NW 1st Street, Richmond, IN 47374
Updated commercial building combines warehouse, office, loading, and parking functions.
Property SizeContact for details
Days on Market130
Property Features for 616 NW 1st Street
General Information
Standard status
Active
Property subtype
Office
Additional Details
Office Units
6
Amenities
loading dock
overhead doors
security system
utility sink
insulated warehouse
landscaping
Building Details
Buildings
1
Listing Agency:
Ryan Cate Auctions & Real Estate LLC
(765) 960-5708
Listed By:
Ryan Cate
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 29 at 7:03PM
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 Ryan Cate Auctions & Real Estate LLC
Investment Insights
Based on property information with market context.
This remodeled flex property brings together three warehouse areas and six dedicated offices within one commercial building. The office portion includes new carpet, cordless blinds, refreshed bathrooms, and updated interior finishes. Warehouse improvements include full insulation, partial heating, a stainless steel utility sink, and four overhead doors.
A dedicated loading dock supports receiving and shipping activity, while parking is available for staff, customers, and visitors. Building upgrades include new interior and exterior paint, completed roof work, screened gutters, and a security system with camera flood lights. Fresh landscaping completes the site improvements.
A dedicated loading dock supports receiving and shipping activity, while parking is available for staff, customers, and visitors. Building upgrades include new interior and exterior paint, completed roof work, screened gutters, and a security system with camera flood lights. Fresh landscaping completes the site improvements.
Key Highlights
- Three warehouse spaces and 6 dedicated office spaces
- Professionally designed loading dock with 4 overhead doors
- Warehouse is completely insulated and partially heated
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Under-served
Demand for This Use
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?
Flex space - Updated commercial building combines warehouse, office, loading, and parking functions.
Where is this flex space located?
The property is located at 616 NW 1st Street Richmond, IN.
What are key features of this property?
This property features: Three warehouse spaces and 6 dedicated office spaces; Professionally designed loading dock with 4 overhead doors; Warehouse is completely insulated and partially heated
