923 E St Richmond, IN 47374
- Specialty properties
- 67,275 SF
Current Use by Public Records
- Arlington Party Rental / Party Equipment Rental Service
- InCONCERT / Live Music Venue / Non-Profit Organization
- Richmond Hardware / Hardware Store
- Depot District Market / Grocery Store
- 4th Floor Blues Club / Event Venue / Banquet Hall
Property Details for 923 E St
- Property size
- 67,275 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This iconic three-story, 67,275 square foot mixed-use building in Richmond, Indiana's Main Street business district presents a unique investment opportunity. Located at 923 N E St, 47374, this Class C property boasts high visibility and benefits from significant pedestrian and vehicular traffic. The building, renovated in 2020, currently houses successful operating businesses. Features include a 12-foot ceiling height and ample parking with 35 spaces. The property's strategic location within the bustling commercial core ensures strong tenant demand and potential for significant returns. This single building offers a rare chance to acquire a substantial, established property in a thriving Indiana market. The building's size and diverse use potential make it ideal for a variety of investment strategies. Its prime location and existing businesses provide immediate cash flow, while the substantial square footage allows for future expansion or redevelopment. This is a truly exceptional opportunity to own a piece of Richmond's vibrant commercial landscape.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Wayne
- State
- Indiana
- Longitude
- -84.8896
- Latitude
- 39.834
