19041 Lovers Ln Metamora, IN 47030
This unique, well-maintained historic building at 19041 Lovers Lane, Metamora, Indiana, presents a compelling investment opportunity. Situated on a 0.25-acre lot, this general commercial property offers significant potential for a variety of uses. Currently operating as a business featuring cookies and ice cream, its charming courtyard adds to its appeal. The property's prime location directly across from the canal ensures high visibility and accessibility. The building's history and character make it an ideal candidate for adaptive reuse, particularly as a wedding venue or similar event space, given its existing charm and ample space. A new survey is currently underway to officially include an adjacent barber shop building, increasing the overall property value by an additional $29,000. This addition will significantly expand the usable square footage and further enhance the property's versatility. The asking price for this exceptional property, including the pending addition of the barber shop, is $289,000. This represents a rare chance to acquire a piece of Metamora's history with significant upside potential. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.