101 E Pearl St Winamac, IN 46996
For Sale
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.
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
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.