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    OFF-MARKET
    Commercial real estate

    113 10Th St, Burlington, IN 46915

    0.15 ac lot Built 2011
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2011
    Lot 0.15 ac (6,534 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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