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Property profile & analytics
OFF-MARKET
Office Spaces

Bradley St Marengo, IN 47140

0.03 ac lot Built 1948
Property ID
Property summary
AI-generated overview

This 1,400 square foot commercial building presents a compelling investment opportunity in Marengo, Indiana. Constructed in 1948, the structure boasts concrete block construction and a concrete floor, offering a solid foundation. The roof, approximately 10 years old, is a rolled roof design. The property includes a half bath (sink and toilet) and benefits from 20 feet of road frontage, enhanced by a 6x20 foot storefront canopy. Electricity is currently connected. The building is situated on a 0.03-acre town lot in Marengo. While the property requires repairs and updates, its location and existing features provide a strong base for renovation and potential future income. The building is being sold via auction, concluding September 14th at 6 PM. An open house is scheduled for Wednesday, September 7th, from 4 PM to 5 PM, allowing prospective buyers a chance to inspect the property firsthand. Detailed auction information and bidding can be accessed online. This is a chance to acquire a commercial property in a convenient location at an attractive price. Don't miss this opportunity to add this property to your portfolio.

Property profile
Verified
Property type Office Spaces
Year built 1948
Lot 0.03 ac (1,307 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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