307 North St, Kendallville, IN 46755
This exceptional commercial property, situated on a highly visible .62-acre lot on US 6 in Kendallville, Indiana, presents a unique investment opportunity. The building, a distinctive A-frame structure, currently functions as a worship center and boasts a spacious sanctuary measuring an impressive 40x64 feet. The sanctuary features full pew seating, easily accommodating large congregations, and includes a striking lighted baptismal pool directly behind the pulpit. The main level also offers a welcoming foyer, a private office, two restrooms, and a designated parents' room. A full, finished basement provides additional versatile space, including a kitchen, a sizable dining area, a game room, a classroom, ample storage rooms, and two more bathrooms. The property benefits from a large paved parking lot, ensuring convenient access for attendees or clients. Recently updated with a brand-new steel roof, this property offers significant durability and low maintenance. Its C2 zoning designation opens up a range of potential uses beyond its current configuration. The combination of prime location, substantial square footage, and versatile layout makes this an attractive prospect for a variety of commercial ventures. The property's unique architectural design and ample parking further enhance its appeal. This is a rare opportunity to acquire a well-maintained, strategically located commercial building with significant potential for future growth and development.
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
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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.