1305 Main St Mitchell, IN 47446
- Lifestyle centers
- 29,434 SF
- 2.00 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 1305 Main St
- Lot size
- 2.00 lot acres
- Property size
- 29,434 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 29,434 square foot shopping center presents a compelling owner/user or redevelopment investment opportunity in Mitchell, Indiana. Located on a highly visible 2-acre lot at 1305 W Main St, this single-story, multi-tenant property boasts three units within one building. Currently, 60% occupied with a remaining lease term of 5 years on existing tenants, this NNN-leased property offers significant upside potential. Two suites are currently leased, leaving one vacant unit available for immediate occupancy. This space, previously a grocery store, features a convenient loading dock at the rear. The property's commercial zoning allows for a variety of uses, making it ideal for both established businesses and new ventures. The asking price is $1,800,000. The property's prime location on Mitchell's bustling Main Street ensures high visibility and accessibility, attracting a steady stream of potential customers. This is a rare chance to acquire a well-situated retail property in a growing Indiana market. The property's existing infrastructure and strategic location provide a solid foundation for future growth and profitability. Serious inquiries are encouraged. The property's zip code is 47446.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mitchell
- County
- Lawrence
- State
- Indiana
- Longitude
- -86.5199
- Latitude
- 38.748
