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Property profile & analytics
OFF-MARKET
Office Spaces

969 Mcclain Ave Scottsburg, IN 47170

0.75 ac lot
Property ID
Property summary
AI-generated overview

This all-brick commercial property at 969 W. McClain Avenue in Scottsburg, Indiana, presents a fantastic investment opportunity. The property boasts a total of 3,700 square feet, divided into two separate units, each offering significant potential. Its desirable location, situated right off the main strip in Scottsburg and conveniently close to I-65, ensures high visibility and accessibility. Ample parking is available for tenants and clients. Each unit is equipped with its own kitchen and bathroom, both featuring granite countertops. The property is further enhanced by separate electric and gas meters for each unit, allowing for efficient utility management and cost allocation. All existing desks, filing cabinets, and appliances are included in the sale, making this a turnkey operation. The 0.75-acre lot provides ample space for expansion or future development. The asking price for this exceptional property is $525,000. This is an ideal opportunity for an owner-occupier seeking to establish a business and generate rental income simultaneously. The property's features and location make it a highly attractive investment in a thriving Indiana community.

Property profile
Verified
Property type Office Spaces
Lot 0.75 ac (32,670 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
  • Small Don K Counselor
  • Indiana State Teachers Association Corporate Office
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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