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    12650 Adams Rd Granger, IN 46530

    Sponsored
    For Lease
    $13 SF/Yr ($4,509 /Mo)

    Prime retail space, 4,008 sq ft.

    Lot size:
    4,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,008-square-foot retail property, located at 12650 Adams Rd, Granger, IN 46530, presents a unique investment opportunity. Situated on highly desirable State Road 23, near the intersection of SR 23 and Bittersweet Rd, this single-tenant building boasts a charming barn-style design with high ceilings and a loft. Currently operating as an embroidery and home decor store, the property offers ample space for a variety of retail uses. The building sits on a 0.61-acre lot and includes 40 parking spaces, ensuring convenient access for customers. Built in 1898, this one-story structure is zoned County C: Commercial, providing flexibility for various business ventures. Its strategic location offers excellent visibility and accessibility, with proximity to major roadways including the Indiana Toll Road (5 minutes away) and US 20 Bypass (10 miles). The property is also conveniently located within 10 miles of Mishawaka, South Bend, and Elkhart, tapping into a large regional market. The annual property taxes are $3,893.84 (2023). Monthly rent is $4,500. This property is ideal for a business seeking a unique and well-located retail space in a thriving commercial area.

    Property Features for 12650 Adams Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,008 SF
    Total Rate
    4509

    Building Details

    Year Built
    1898
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,008 SF
    Rate per SF
    $13

    HighLights

    • High‑traffic visibility on SR 23 in Granger, Indiana.
    • Excellent location in Granger.
    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
    -86.114060183919
    Latitude
    41.753505607682

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, 4,008 sq ft.
    Where is this retail property located?
    The property is located at 12650 Adams Rd Granger, IN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: High-traffic visibility on SR 23 in Granger, Indiana.; Excellent location in Granger.;
    Request Owner's contact information
    12650 Adams Rd Granger, IN 46530
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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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