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    204 3Rd St Brookston, IN 47923

    Sponsored
    For Lease
    $8 SF/Yr

    Prime Retail Space, Two Units Available

    Lot size:
    3,590 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 204-206 E Third Street in Brookston, Indiana, presents a rare opportunity for retail businesses seeking versatile space. Situated in White County, this property offers two available retail spaces within a larger building, totaling four suites in all. The available spaces range in size from a generous 1,074 square feet to a substantial 2,516 square feet, providing flexibility for various business needs. The building itself boasts an attractive industrial style, making it suitable for a range of uses, including retail, office, or even light industrial operations. The property's location in Brookston, Indiana, 47923, offers excellent visibility and accessibility for customers. The property is classified as both retail and land, suggesting potential for expansion or further development. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving community. The multiple tenancy structure allows for diverse business combinations within the building. With its adaptable design and prime location, this property is poised for success. Contact us today to learn more about this exciting opportunity and schedule a viewing.

    Property Features for 204 3Rd St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,590 SF

    Unit(s) available at that property

    Space
    204 Warehouse
    Size
    2,516 SF
    Rate per SF
    $8
    Space
    206 Office
    Size
    1,074 SF
    Rate per SF
    $10

    HighLights

    • Two retail spaces available totaling 1,074 - 2,516 square feet in Brookston, IN.
    • Located at 204‑206 E Third Street, Brookston, IN 47923.
    • Building features four suites total, with an attractive industrial style.
    • Suitable for retail, office, or light industrial uses.
    • Excellent visibility and accessibility; classified as retail and land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookston
    County
    White
    State
    Indiana
    Longitude
    -86.8660915
    Latitude
    40.6028824

    Nearby Comparable

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    Nearby Similar for Lease

    • $8 SF/Yr
      2,516 SF

      Brookston Warehouse Space for Lease

      Versatile warehouse space ideal for industrial and distribution tenants.
      204-206 E 3Rd St, Brookston, IN 47923
      View Details

    FAQs

    What type of property is this?
    Land - Prime Retail Space, Two Units Available
    Where is this land located?
    The property is located at 204 3Rd St Brookston, IN.
    What is the lease rate?
    The lease rate is $8-$10 SF/Yr.
    What are key features of this property?
    This property features: Two retail spaces available totaling 1,074 - 2,516 square feet in Brookston, IN.; Located at 204-206 E Third Street, Brookston, IN 47923.; Building features four suites total, with an attractive industrial style.
    Request Owner's contact information
    204 3Rd St Brookston, IN 47923
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    Brookston, IN 47923
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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
    204 3Rd St Brookston, IN 47923
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