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Property profile & analytics
OFF-MARKET
Commercial real estate

Main St Churubusco, IN 46723

0.2 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at the highly visible corner of N Main Street, US Highway 33, and State Road 205 in Churubusco, Indiana, presents a unique investment opportunity. The property encompasses a substantial 0.2-acre lot and offers a potential 6288 square feet of commercial space. While the exact current square footage is undetermined, the property's history reveals it was once comprised of three separate buildings, now consolidated into two. Some interior demolition has already begun, leaving the space ready for a buyer to complete renovations and customize it to their specific commercial needs. The high-traffic location, situated directly on Main Street and at the intersection of two major roadways, ensures significant visibility and accessibility for any business. This prime location offers unparalleled potential for a variety of commercial ventures, making it an ideal investment for entrepreneurs and developers seeking a high-impact property with significant upside. The property is being sold as a single unit in an "as-is" condition, presenting a blank canvas for the buyer to create their vision. This is a rare chance to acquire a substantial commercial property in a thriving location with the potential for significant return on investment. The property's size and location make it suitable for a wide range of commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore this exciting opportunity.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Lot 0.2 ac (8,712 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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