105 Main St Geneva, IN 46740-1032
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.