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Property profile & analytics
FOR SALE
Commercial real estate

101 E Pearl St Winamac, IN 46996

2,208 SF 0.03 ac lot Built 1918
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US31-0794481
101 E Pearl St, Winamac, IN 46996 For Sale
$69,999 2,208 SF
101 E Pearl St, Winamac, IN 46996
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Property summary
AI-generated overview

This exceptional 1,104 square foot commercial building presents a unique investment opportunity in the heart of Winamac, Indiana. Situated on a highly visible corner lot in the downtown area, this property offers unparalleled convenience and accessibility. Its proximity to the courthouse ensures high foot traffic and visibility, making it ideal for a variety of commercial uses. The building's versatile layout allows for customization to suit diverse business needs. The 0.03-acre lot provides ample space for potential expansion or outdoor amenities. This property is priced competitively at $69,999, representing a significant value for its location and potential. The building's strong structural integrity and prime location make it an attractive proposition for entrepreneurs and investors seeking a foothold in a thriving community. The possibilities are numerous, from professional offices to retail spaces, and the property's central location ensures a strong client base. This is a rare chance to acquire a well-positioned commercial property in a desirable Indiana town. Don't miss this opportunity to establish your business in a vibrant and accessible location. The building's solid foundation and adaptable interior provide a blank canvas for your vision. Serious inquiries are encouraged to explore the full potential of this exceptional property. Act quickly, as opportunities like this are seldom available.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1918
Construction TYPE NOT SPECIFIED
Total area 2,208 SF
Lot 0.03 ac (1,133 SF)
APN 66-14-14-107-016.000-011
UPID US31-0794481
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Marcell Jackson · 5 yrs held
Marcell Jackson
since 2021
Last sale
$50,000
2 recorded transactions
2024
Price N/A
2021
$50,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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