17 8Th St Richmond, IN 47374
- Retail space
- 6,966 SF
- 0.13 lot acres
Current Use by Public Records
- Esmond's Shoes / Shoe Store
Property Details for 17 8Th St
- Year built
- 1947
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.13 lot acres
- Property size
- 6,966 SF
- Zone code
- ZO01
- Property type
- Retail space
- APN
- 89-18-05-220-210.000-030
- APU
- 891805220210000030
Description
This thriving, 77-year-old shoe store, located at 17 S 8th St in Richmond, Indiana (47374), is offered for sale at $700,000. The business occupies a 5,676 square foot storefront in a beautifully renovated historic downtown building, built in 1947. The property sits on a 5,676 square foot lot and is zoned CB. This single-unit business boasts a stellar reputation for high-quality footwear and exceptional customer service, cultivated over decades. The current owners have built a loyal clientele and a strong community presence, creating a business with significant goodwill and potential for continued growth. The sale includes the established business, its inventory, and the physical storefront. This presents a unique opportunity to acquire a well-established, profitable business with a rich history and a bright future in a revitalized downtown area. The property's APN is 89-18-05-220-210.000-030. This is an exceptional opportunity for an entrepreneur seeking to own a successful, community-focused business with a proven track record.
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
- Richmond
- County
- Wayne
- State
- Indiana
- Longitude
- -84.8912
- Latitude
- 39.8284
- CBSA code
- 39980
- CBSA name
- RICHMOND, IN MICROPOLITAN STATISTICAL AREA
