114 Broad St Mooreland, IN 47360
- Commercial real estate
- 2,880 SF
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 114 Broad St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.10 lot acres
- Property size
- 2,880 SF
- Property type
- Commercial real estate
- APN
- 33-08-23-310-110.000-002
- APU
- 330823310110000002
Description
This exceptional investment opportunity is located in the heart of Mooreland, Indiana, at 114 S Broad Street. The property encompasses a sizable 0.1-acre lot and features two existing structures totaling approximately 3,700 square feet of commercial space. One building offers 2,800 square feet, while the second building provides an additional 900 square feet. While both buildings require renovation and repair, their substantial size presents a significant opportunity for redevelopment. The property's strategic location benefits from convenient street parking in front and dedicated off-street parking on the south side. This property's history as Mooreland's former grocery store speaks to its prime location within the community. The recent addition of a Pizza King to the area further underscores Mooreland's revitalization and growth, making this a compelling investment prospect for entrepreneurs and developers seeking to capitalize on a thriving community. The asking price is $24,500. This presents a rare chance to acquire a substantial commercial property in a growing Indiana town at an attractive price point. The property's size and location offer considerable potential for a variety of commercial uses. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mooreland
- County
- Henry
- State
- Indiana
- Longitude
- -85.2509
- Latitude
- 39.9964
- CBSA code
- 35220
- CBSA name
- NEW CASTLE, IN MICROPOLITAN STATISTICAL AREA