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Property profile & analytics
OFF-MARKET
Specialty properties

923 E St Richmond, IN 47374

67,275 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Total area 67,275 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
  • Arlington Party Rental Party Supply Store Rental Equipment Company
  • InCONCERT Charitable Organization Social Service Agency
  • Richmond Hardware Building Supply Hardware & Home Improvement
  • Depot District Market Grocery & Convenience Store Food Market
  • 4th Floor Blues Club Hotel & Motel Resort
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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