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Three-Unit Storefront Building
New
For Sale
$189,900

623 N Central Ave, Connersville, IN 47331

Recent work includes electrical upgrades, newer heating and cooling systems, and interior renovations.

Property SizeContact for details
Days on Market7

Property Features for 623 N Central Ave

General Information

Standard status Active

Amenities

off-street parking

Building Details

Tenancy Multi
Listing Agency: Simplicity Realty
Listed By: Brian Patterson
Source: Exprealty
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 5 at 7:15PM

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 Simplicity Realty

Investment Insights

Based on property information with market context.

This downtown Connersville storefront property is arranged as three separate units. Improvements include upgraded electrical service, newer heating and cooling systems, and extensive interior remodeling. Off-street parking is available behind the building.

The property is at 623 N Central Ave in Connersville, Indiana. Its three-unit configuration and updated building systems are key features of the asset.

Key Highlights

  • Three separate units in a storefront property
  • Upgraded electrical service
  • Newer heating and cooling systems

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Wendy's Dining
17,329 visits/mo 0.1 miles
Speedway Shops & Services
11,218 visits/mo 0.3 miles
Hardee's Dining
8,485 visits/mo 0.1 miles
Dollar General Shops & Services
7,466 visits/mo 0.3 miles
Lee's Famous Recipe Chicken Dining
6,696 visits/mo 0.4 miles

Demographics for 47331, IN

22,782
Population
10,625
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
191.6 sq mi
ZIP Area
119
Density / Sq Mi
$56,530
Median Household Income
$38,494
Median Earnings
$777
Median Rent
$115,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Recent work includes electrical upgrades, newer heating and cooling systems, and interior renovations.
Where is this storefront property located?
The property is located at 623 N Central Ave Connersville, IN.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three separate units in a storefront property; Upgraded electrical service; Newer heating and cooling systems
More about this property
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