113 10Th St, Burlington, IN 46915
This charming, well-maintained commercial building at 113 W 10th Street in Burlington, Indiana, presents a unique investment opportunity. Currently configured as a church, this adaptable space offers a multitude of potential uses, including daycare center, event venue, or similar commercial ventures. The property boasts a full kitchen, perfect for catering events or supporting a daycare, and multiple meeting rooms providing ample flexible space. The building is situated on a 0.15-acre lot. While currently sharing a well with the adjacent property at 115 W 10th Street, a new well is being installed on the property and will be completed before closing. The existing parking lot, currently shared, is undergoing a division process and will be exclusively conveyed with the sale of this building. The building is in excellent condition and ready for immediate occupancy. This is an exceptional chance to acquire a versatile property in a desirable location, offering significant potential for return on investment. The asking price is $299,999. Serious inquiries only. Contact us to schedule a showing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.