Property profile

113 10Th St Burlington, IN 46915

OFF-MARKET
Commercial real estate
0.15 ac lot Built 2011
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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

Location

113 10Th St Burlington, IN 46915
Burlington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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