Property profile

55 On 5 Cayuga, IN 47928

OFF-MARKET
Retail properties & Spaces
7,173 SF
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Property summary

AI-generated overview

This exceptional 7,173-square-foot commercial property, located at 55 on Fifth in Cayuga, Indiana, presents a unique investment opportunity. Currently zoned C-3, this versatile space is ideal for a variety of uses, including restaurant and executive office spaces. The building boasts a prime location within Vermillion County, offering excellent visibility and accessibility. The ground floor encompasses 7,173 square feet of adaptable space, while an unfinished 3,447-square-foot attic provides significant expansion potential. The property includes room for approximately 26 onsite parking spaces, a significant advantage for both employees and customers. A fully permitted project, including a second-floor addition, has already cleared all necessary hurdles, with permits and SDC fees already paid. The interior is in pre-shell condition, ready for tenant build-out, and features a new roof and HVAC system installed in 2021, along with a new 1,200-amp electrical gear. This turnkey property offers a rare combination of location, zoning flexibility, and modern infrastructure, making it an attractive investment for discerning buyers. The asking price is $1,950,000. The property's address is 55 on Fifth, Cayuga, IN 47928.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,173 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

55 On 5 Cayuga, IN 47928
Cayuga metro
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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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