306 Park St Westfield, IN 46074
- Office space
- 1,427 SF
Current Use by Public Records
- Neal Construction Inc / General Contractor
Property Details for 306 Park St
- Year built
- 1950
- Property size
- 1,427 SF
- Property type
- Office space
Description
This exceptional mixed-use property, located at 306 Park St in Westfield, Indiana, presents a unique investment opportunity. The 1,427 square foot building, built in 1950, is currently 100% occupied as a creative office space and is listed at $1,590,000 ($1,114.23/sq ft). Situated on a substantial 27,878 square foot lot, this property offers significant potential for expansion or redevelopment. Its prime location within Westfield's Grand Junction Development provides unparalleled access to the vibrant community amenities and the extensive trail system. The proximity to Grand Park further enhances its appeal, placing it at the heart of a thriving area with high foot traffic and visibility. The property's versatility makes it suitable for a variety of uses, including restaurants, additional office space, medical facilities, or as a key component of a larger development project. This is a rare opportunity to acquire a significant property in a rapidly growing area of Hamilton County, Indiana, with a strong existing tenant base and immense future potential. The zip code is 46074.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1311092
- Latitude
- 40.0409692
