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Property profile & analytics
OFF-MARKET
Commercial real estate

4883 State Road 46 Nashville, IN 47448

0.62 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional 2750 square foot commercial building, situated on a 0.62-acre lot in Gnaw Bone, Indiana, presents a unique investment opportunity. Originally the Gnaw Bone Sorghum Mill, this property has undergone significant renovations, boasting a completely updated interior. Improvements completed in 2023 include a brand-new HVAC system and electrical panel, ensuring modern functionality and efficiency. The versatile layout includes a dedicated office space, a fully equipped commercial kitchen, a spacious showroom perfect for displaying products or services, three convenient bathrooms, and ample storage rooms. The building is zoned General Business, offering flexibility for a wide range of commercial uses. Imagine establishing a retail store, a professional office, a light industrial warehouse, or even a unique tourist-oriented rental property. Its prime location along heavily traveled State Road 46 East guarantees high visibility and easy access for customers. Convenient on-site parking is also available. Priced at $330,000, this property offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers seeking a versatile and well-located commercial space. The property's address is 4883 E State Road 46, Nashville, IN.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Lot 0.62 ac (27,007 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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