7694 1 St Riley, IN 47871
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 7694 1 St
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 7694 E First St in Riley, Indiana, 47871, presents a unique investment opportunity. Priced at $99,000, this retail building and land sits on a 0-acre lot and offers significant potential for redevelopment. The main floor, previously used as a grocery store (Old Riley Food Mart), is adaptable to various uses, including a restaurant or a return to its original purpose. The possibilities are numerous, allowing for a creative and profitable venture. The upper level provides a substantial blank canvas, perfect for expansion, additional retail space, or residential conversion. The property's central location within Riley Township ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. This property requires some renovation and updating, presenting a chance to add value and create a thriving business. The building's existing structure provides a solid foundation for a successful future. This is a rare opportunity to acquire a versatile commercial property in a desirable location at an attractive price point. Don't miss out on this chance to shape the future of this prime Riley real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riley
- County
- Vigo
- State
- Indiana
- Longitude
- -87.297
- Latitude
- 39.3901
