202 Main St Goshen, IN 46526
- Office Properties & Spaces
- 29,040 SF
- 0.17 lot acres
Current Use by Public Records
- MAX Insurance Agency, Inc. / Insurance Agency / Auto Insurance Agency
- L & M Hair Design / Beauty Salon / Hair Salon
Property Details for 202 Main St
- Year built
- 1909
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 29,040 SF
- Property type
- Office Properties & Spaces
- APN
- 20-11-09-265-010.000-015
- APU
- 201109265010000015
Description
This exceptional 1,000 square foot single-tenant office space is ideally located at 202 N Main St, Goshen, Indiana, 46526. Situated on a prominent corner lot, this street-level property boasts unparalleled visibility and accessibility. The building, known as the Spohn Building, offers a blend of historic charm and modern functionality. The space features a welcoming foyer, a dedicated client waiting/reception area, two private offices providing ample space for individual work or team collaboration, and a convenient bathroom. The property type is classified as retail and office, with the subtype being traditional office. The building is equipped with elevators for easy access to all floors. The cross street is Clinton St, further enhancing its strategic location within the Goshen business district. This is a rare opportunity to secure a highly visible and historically significant commercial space in a thriving Indiana community. The property's prime location and attractive features make it an ideal choice for a variety of businesses seeking a prestigious and functional office environment. This single-tenant occupancy ensures privacy and control over the entire space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $515,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $555,000
- Mixed-Use
- $580,000
- Hospitality
- $605,000
- Educational
- $525,000
- Residential Income
- $465,000
- Energy
- $505,000
- Income-Based Land
- $520,000
- Food Service
- $470,000
Location Insight
- Map
- Local Demand
- City
- Goshen
- County
- Elkhart
- State
- Indiana
- Longitude
- -85.8341
- Latitude
- 41.588
- CBSA code
- 21140
- CBSA name
- ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA