1775 Us 421 Delphi, IN 46923
- Retail properties
- 1,344 SF
Current Use by Public Records
- Retail properties
Property Details for 1775 Us 421
- Property size
- 1,344 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property in Delphi, Indiana, presents a unique investment opportunity. The offering encompasses a 1,344 square foot retail building situated at the intersection of 7th Street and US Highway 421, conveniently located east of the stone quarry. The building itself includes an office, two restrooms, and a 14' x 22' storage shed. Ample parking is provided by an existing asphalt lot. Adding significant value is an adjacent vacant 0.30-acre asphalt lot situated across the highway, offering considerable expansion potential. The property's previous use as a used car lot suggests diverse possibilities for future occupants. Ideal uses could include a car lot, detailing business, car audio installation, trades business, or even a dog grooming facility. The property's strategic location, combined with its existing infrastructure and ample space, makes it an attractive proposition for a variety of commercial ventures. The asking price for this combined property is $259,000. This presents a rare chance to acquire a well-positioned commercial property with significant upside potential in a thriving Indiana community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delphi
- County
- Carroll
- State
- Indiana
- Longitude
- -86.6901
- Latitude
- 40.5898