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    12650 Adams Rd Granger, IN 46530

    Sponsored
    For Sale
    $895,000

    Unique barn-style retail space, high visibility.

    Property size:
    4,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 12650 Adams Road (SR 23) in Granger, Indiana, presents a unique investment opportunity. The 4,008-square-foot building, constructed in 1898, boasts a charming barn-style design with high ceilings and a loft, offering ample space for a variety of retail uses. Currently operating as an embroidery and home decor store, this single-story building sits on a 0.61-acre lot and provides 25 parking spaces for customer convenience. Its prime location on Adams Road/State Road 23 ensures high visibility and accessibility, with approximately 89 feet of road frontage. The property benefits from its proximity to major roadways, including the Indiana Toll Road (within 5 minutes) and US 20 Bypass (within 10 miles), and is conveniently located less than 10 miles from Mishawaka, South Bend, and Elkhart. The property is zoned County C: Commercial and enjoys a high-traffic retail and restaurant area near the intersection of SR 23 and Bittersweet Road. The 2023 property taxes were $3,893.84. The asking price is $895,000, translating to $223.30 per square foot. This owner-user opportunity is ideal for a business seeking a distinctive and well-situated retail space.

    Property Features for 12650 Adams Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,008 SF
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1898
    Buildings
    1
    Stories
    1

    HighLights

    • Exceptional Granger, IN retail property at 12650 Adams Road (SR 23).
    • High visibility on SR 23/Adams Road with 89 feet of frontage.
    • Unique 4,008 SF barn‑style building on a 0.61‑acre lot with 25 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Franking Sense Consultant Simply Swank Home ... Interior Decorator Signs Of The Times Sign Shop Gridiron Communications Advertising Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Granger
    County
    St. Joseph
    State
    Indiana
    Longitude
    -86.1140647
    Latitude
    41.7532103

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    FAQs

    What type of property is this?
    Individual retail property - Unique barn-style retail space, high visibility.
    Where is this individual retail property located?
    The property is located at 12650 Adams Rd Granger, IN.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Exceptional Granger, IN retail property at 12650 Adams Road (SR 23).; High visibility on SR 23/Adams Road with 89 feet of frontage.; Unique 4,008 SF barn-style building on a 0.61-acre lot with 25 parking spaces.
    (574) 243-9522
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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
    12650 Adams Rd Granger, IN 46530
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