Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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