Bradley St Marengo, IN 47140
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.