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Property profile & analytics
OFF-MARKET
Retail space

105 Main St Geneva, IN 46740-1032

1,698 SF 0.11 ac lot Built 1931
Entity Owned 10-yr Hold Free & Clear
Property ID
US31-2108570
Property summary
AI-generated overview

This exceptional mixed-use storefront property, located at 105 N Main St in Geneva, Indiana (zip code 46740), presents a lucrative investment opportunity. Situated on a prominent 0.11-acre corner lot at the intersection of US-27 and State Road 116, this property boasts impressive visibility and high traffic volume exceeding 10,000 vehicles per day. Currently configured as a thriving dual-business operation—a nail salon and a flower boutique—this building offers immediate income potential. The C-1 zoning allows for a variety of uses, providing flexibility for future development or continued operation of the existing businesses. The current owner is open to a leaseback arrangement, providing a seamless transition for the new owner. This turnkey investment is priced at $196,000 and represents a rare chance to acquire a well-established, high-traffic commercial property in a desirable Indiana location. The property's prime location and existing businesses make it an ideal investment for both seasoned investors and those seeking a stable, income-generating asset. The building's excellent condition and high visibility ensure a strong return on investment. Don't miss this opportunity to own a piece of thriving downtown Geneva.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1931
Construction WOOD
Total area 1,698 SF
Lot 0.11 ac (4,700 SF)
APN 01-11-29-209-009.000-019
UPID US31-2108570
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Abracadabra Styles LLC · 10 yrs held
Abracadabra Styles LLC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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