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    421 Huntington St Syracuse, IN 46567

    For Sale
    $250,000

    3,713 SF Vacant Storefront, $250K

    Property size:
    3,713 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 3,713 square foot mixed-use property in Syracuse, Indiana, presents a unique investment opportunity. The building, constructed in 1958, features 1,988 square feet of retail space, including a former living area, and 1,725 square feet of flex space suitable for warehouse or light industrial use, complete with an overhead door. Located on a 0.15-acre lot at 421 S Huntington St, this single-story concrete block building boasts excellent visibility from Indiana SR 13, with over 30 feet of frontage and convenient front door parking. The property includes blade signage and offers a rare value-add opportunity for renovation and repositioning, with considerable upside potential. The vacant building presents a chance to create a mixed-use development, potentially combining commercial and residential spaces. The Net Lease (NNN) property is priced at $250,000, or $67.33 per square foot. Its location near major employers adds to its appeal. The property's APN is 43-04-08-400-481.000-026. This is a single-unit building with paved parking.

    Property Features for 421 Huntington St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,713 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1958
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Mixed‑use development potential combining commercial and residential spaces.
    • Ample paved surface parking.
    • Value‑add opportunity with significant upside potential through renovation and repositioning.
    • Excellent location near major employers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Miller Heating & Air ... Heating Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.748489445816
    Latitude
    41.417639515106

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    FAQs

    What type of property is this?
    Individual retail property - 3,713 SF Vacant Storefront, $250K
    Where is this individual retail property located?
    The property is located at 421 Huntington St Syracuse, IN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Mixed-use development potential combining commercial and residential spaces.; Ample paved surface parking.; Value-add opportunity with significant upside potential through renovation and repositioning.
    Request Owner's contact information
    421 Huntington St Syracuse, IN 46567
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    Syracuse, IN 46567
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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
    421 Huntington St Syracuse, IN 46567
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