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Property profile & analytics
OFF-MARKET
Commercial real estate

19041 Lovers Ln Metamora, IN 47030

0.25 ac lot Built 1845
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1845
Lot 0.25 ac (10,890 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
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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