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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5015 Front St Depauw, IN 47115

18,540 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity in Depauw, Indiana, presents a unique combination of retail, gas station, and warehouse space. The property encompasses three buildings totaling approximately 18,540 square feet on a sizable lot. The main building, formerly Satterfield Store, offers approximately 5,740 square feet, including a service elevator and loading dock. A second building houses a gas station with two pumps and a one-bay garage/mechanic shop (approximately 1,080 square feet). The third building, a substantial warehouse/venue space, boasts approximately 11,000 square feet, featuring 15-foot ceilings in the open area, a second floor with wood floors, all restrooms, a service elevator, and a loading dock. The property also includes a convenient parking lot near the warehouse. The property is zoned B-1 and is being sold as-is, where-is. The location is strategically positioned 7.7 miles from Marengo Cave, 4.6 miles from North Harrison Middle School, and 15 miles from Georgetown Drive-In. The property is available for occupancy on September 27, 2024. This is a rare opportunity to acquire a multi-faceted commercial property with significant potential. The asking price is $275,000.

Property profile
Verified
Property type Retail properties & Spaces
Total area 18,540 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
Current use
Occupant on record · Public records
  • Satterfield's Lawn & Garden/Garage General Contractor Hardware & Home Improvement
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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