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    406 Main St Lynn, IN 47355

    For Sale
    $249,900

    High-traffic highway storefront, versatile layout.

    Property size:
    768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 768-square-foot storefront, located at 406 N Main St, Lynn, IN 47355, is situated on a high-traffic highway, making it ideal for a drive-thru or walk-in retail business. The property sits on a 0.45-acre lot and is zoned C2. The single-story building features a spacious 23' x 8' prep area, perfect for food preparation or other operational needs. There are also two 8' x 8' walk-in units, one freezer and one cooler, providing ample storage. A 19' x 9' wash/prep room ensures efficient workflow. The 23' x 14' showroom is ideal for product display or customer interaction. Previously used as a butcher shop, the property's adaptable layout and substantial storage and prep areas make it suitable for various businesses. While previous equipment is available for separate purchase, it is not included in the $249,900 asking price. A fully equipped food truck is also available for separate purchase. This prime location offers high visibility and convenient customer access, presenting an excellent opportunity for entrepreneurs seeking a flexible, high-traffic location with significant growth potential.

    Property Features for 406 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    768 SF
    Class
    C
    Lot Size
    19,602 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 23' x 8' prep room ideal for food prep or other uses.
    • Two 8' x 8' walk‑in coolers/freezers.
    • 19' x 9' wash/prep room.
    • 23' x 14' showroom.
    • Suitable for various businesses; adaptable layout with ample storage and prep areas.
    • Existing equipment available for separate purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Department Store Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynn
    County
    Randolph
    State
    Indiana
    Longitude
    -84.9401806
    Latitude
    40.0525083

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    Nearby Similar for Sale

    • $149,900
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      Retail Building on Major Highway

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      406 N Main St, Lynn, IN 47355
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    • $249,900
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      Lynn Commercial Building - Main Street

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic highway storefront, versatile layout.
    Where is this individual retail property located?
    The property is located at 406 Main St Lynn, IN.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: 23' x 8' prep room ideal for food prep or other uses.; Two 8' x 8' walk-in coolers/freezers.; 19' x 9' wash/prep room.
    Request Owner's contact information
    406 Main St Lynn, IN 47355
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    Lynn, IN 47355
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 Main St Lynn, IN 47355
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