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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6 State St Markleville, IN 46056

1,008 SF 0.07 ac lot Built 1953
Property ID
Property summary
AI-generated overview

This exceptional 1,008 square foot retail space presents a unique investment opportunity in the heart of Markleville's downtown business district. The only commercially zoned building currently available for sale in this thriving area, it offers unparalleled potential for a variety of businesses. A recent addition has doubled the original size, creating over 1000 square feet of open, usable space, perfect for a hair salon, barber shop, restaurant, coffee shop, insurance agency, or any other commercial venture. Recent upgrades include new windows, a 200-amp service entrance and panel box, a foundation replacement (completed three years ago), and a new roof installed concurrently with the addition. Significant exterior finishing materials—red vinyl siding and river rock wainscotting—are already on-site, simplifying the completion of the building's exterior. The property benefits from convenient access to a city parking lot directly across the street. This building boasts a rich history as Markleville's long-standing barber shop, offering a well-established location with high visibility. This is a rare chance to acquire a turnkey commercial property in a desirable location, ready for immediate occupancy and customization to suit your business needs. The seller's loss is your gain! The property sits on a 0.07-acre lot.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1953
Total area 1,008 SF
Lot 0.07 ac (3,049 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
Current use
Occupant on record · Public records
  • Markleville Town Hall City Hall
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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