Property summary
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
VerifiedCap rate & NOI
Current use
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Party Supply Store Rental Equipment Company
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Charitable Organization Social Service Agency
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Building Supply Hardware & Home Improvement
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Grocery & Convenience Store Food Market
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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