6196 Mill Rd Rockville, IN 47872
This 1,813-square-foot retail property, located at 6196 S Mill Road in Rockville, Indiana (zip code 47872), presents a unique investment opportunity. Built in 1998, the building offers versatile commercial/industrial space. The property has a history of successful operation during the annual Covered Bridge Festival, having served as a busy venue for over three decades. The main level features a space previously used as a food concession area with customer seating, ideal for seasonal businesses or events. A significant advantage is the substantial storage space available, potentially suitable for vehicles, recreational equipment, or inventory. Upstairs, a spacious loft provides comfortable sleeping accommodations for ten or more people, complete with a kitchen, full bathroom, and a large living room. This area could serve as residential quarters, staff housing, or additional event space. The property's location in Parke County offers excellent potential for both recreational and commercial ventures, particularly given its established history within the ten-day Covered Bridge Festival. This property is priced at $200,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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