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17 8Th St Richmond, IN 47374

For Sale
$700,000

Established 77-year-old shoe store

Property size:
5,676 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
This thriving, 77-year-old shoe store, located at 17 S 8th St in Richmond, Indiana (47374), is offered for sale at $700,000. The business occupies a 5,676 square foot storefront in a beautifully renovated historic downtown building, built in 1947. The property sits on a 5,676 square foot lot and is zoned CB. This single-unit business boasts a stellar reputation for high-quality footwear and exceptional customer service, cultivated over decades. The current owners have built a loyal clientele and a strong community presence, creating a business with significant goodwill and potential for continued growth. The sale includes the established business, its inventory, and the physical storefront. This presents a unique opportunity to acquire a well-established, profitable business with a rich history and a bright future in a revitalized downtown area. The property's APN is 89-18-05-220-210.000-030. This is an exceptional opportunity for an entrepreneur seeking to own a successful, community-focused business with a proven track record.

Property Features for 17 8Th St

General Information

Property type
Individual retail properties
Square Feet
5,676 SF
Lot Size
247,246,560 SF

Building Details

Year Built
1947
Buildings
1
Units
1

HighLights

  • High‑traffic location with strong existing tenant base.
  • Significant upside potential for rental income growth.
  • Property features modern amenities and updated systems.
  • Excellent visibility and accessibility from major roadways.
  • Strong historical occupancy rates and stable cash flow.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Esmond's Shoes Shoe Store

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Wayne
State
Indiana
Longitude
-84.891565784749
Latitude
39.828380165307

FAQs

What type of property is this?
Individual retail property - Established 77-year-old shoe store
Where is this individual retail property located?
The property is located at 17 8Th St Richmond, IN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: High-traffic location with strong existing tenant base.; Significant upside potential for rental income growth.; Property features modern amenities and updated systems.
More about this property
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