Retail Space with 5.50%
For Sale
$1,712,855
705 N Meridian St, Portland, IN 47371
For sale retail space offering a stated 5.50% CAP and 4,633 square feet.
Property Size4,633 SF
Price / SF$369.71
Days on Market53
Property Features for 705 N Meridian St
General Information
Standard status
Active
Size
4,633 SF
Property subtype
Commercial
Lease Term
±11 YRS
Net Operating Income
$94,207
Financials
Cap Rate
5.5%
Business Included
Yes
Building Details
Building Size
4,633 SF
Listed By:
Michael Tamir · License #10401388321 (NY)
(646) 921-9713
Source:
Matthews
Added: Jul 17
Changed: Sep 4
Last Checked: Sep 7 at 4:32AM
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 Michael Tamir
Investment Insights
Based on property information with market context.
Offered for sale is a retail space with a stated 5.50% CAP and total area of 4,633 square feet.
The property is located at 705 N Meridian St in Portland, Indiana (47371).
The property is located at 705 N Meridian St in Portland, Indiana (47371).
Key Highlights
- Retail property listed with a stated 5.50% CAP
- 4,633 SqFt retail space
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Explore this area
Business Placement
Demographics for 47371, IN
12,143
Population
5,458
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
85%
High-School Grad
219.6 sq mi
ZIP Area
55
Density / Sq Mi
$59,215
Median Household Income
$38,031
Median Earnings
$746
Median Rent
$116,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail space offering a stated 5.50% CAP and 4,633 square feet.
Where is this retail space located?
The property is located at 705 N Meridian St Portland, IN.
What is the asking price?
The asking price for this property is $1,712,855.
What are key features of this property?
This property features: Retail property listed with a stated 5.50% CAP; 4,633 SqFt retail space
