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Property profile & analytics
OFF-MARKET
Retail space

101 Main St Cloverdale, IN 46120

2,384 SF 0.29 ac lot Built 1920
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US31-0470377
Property summary
AI-generated overview

This exceptional commercial property, located at 101 S Main Street in Cloverdale, Indiana, presents a unique investment opportunity. Situated on a sizable 0.29-acre lot, this general commercial building offers significant potential for a variety of uses. The property's address places it in a high-traffic area of Cloverdale, ensuring excellent visibility and accessibility for any business. The asking price is $350,000, representing a compelling value for a property of this size and location in a thriving Indiana community. While the square footage is currently unavailable, the substantial lot size allows for ample expansion or redevelopment possibilities, catering to a wide range of commercial ventures. The property's prime location and versatile nature make it an ideal investment for both established businesses seeking to expand and entrepreneurs looking to establish a new presence in Cloverdale. Further due diligence is encouraged to fully assess the property's potential and to determine its suitability for specific business plans. This is a rare opportunity to acquire a significant commercial property in a desirable location. Don't miss out on this chance to secure a valuable asset in the heart of Cloverdale.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction WOOD
Total area 2,384 SF
Lot 0.29 ac (12,800 SF)
Zoning code ZO01
APN 67-15-06-204-038.000-003
UPID US31-0470377
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
Current use
Occupant on record · Public records
  • Ye Ole Inn Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
FRANKLIN B MARSHALL
FRANKLIN B MARSHALL
Zoning & alternative use
ZO01 · Cloverdale, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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