101 Brooks St Francesville, IN 47946
This 7,696 sq ft vacant storefront in Francesville, IN, is available for $179,000 ($23.26/sq ft). Previously a grocery store, the building is completely gutted, offering a blank canvas for customization. Located on a busy street, across from the fire station and town hall, it boasts high visibility and accessibility. Its proximity to Route 421 and the local library ensures a steady flow of foot traffic. Built in 1983, the metal-sided and -roofed building features a 10-foot drive-in door, one bathroom, and nine onsite parking spaces with additional street parking. Zoned for general retail, this 0.11-acre property offers ample space and flexibility for a variety of businesses. The open layout maximizes design options, and the durable construction ensures low maintenance. This is a unique opportunity to establish a thriving business in a vibrant community.
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
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.