10 Franklin St, Huntington, IN 46750-2643
This exceptional three-story commercial building, located at 10 W Franklin Street in Huntington, Indiana, presents a unique investment opportunity. Situated on a 0.19-acre lot on State Road 5, directly across from the Huntington County Courthouse, this property enjoys high visibility and accessibility. The main level boasts a spacious open lobby, six private offices, two impressive vaults, and separate men's and women's restrooms. Two staircases and a passenger elevator provide convenient access to the upper floors. The second floor offers four additional offices, a reception area, three conference rooms, storage space, and another set of men's and women's restrooms. The third floor, previously configured as a dental office, is currently used for storage. The basement provides further storage and two more vaults. The property includes eight deeded parking spaces directly in front, supplemented by ample municipal parking nearby. Significant recent improvements include new furnaces installed in 2018 for the main and second floors, and a brand-new roof completed in 2023. The building is available for purchase at $480,000, and individual office spaces or combinations thereof are also available for lease. This property is ideal for a variety of commercial uses and represents a strong investment in a thriving downtown location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.