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Property profile & analytics
FOR SALE
Retail space

104 S Main St Kendallville, IN 46755

6,663 SF 0.08 ac lot Built 1900
Individually Owned Free & Clear
Property ID
US31-1242774
Property summary
AI-generated overview

This exceptional commercial property at 104 S Main Street, Kendallville, Indiana, presents a unique investment opportunity. The 6,663 square foot building is zoned C/I Retail Commercial and currently houses a thriving specialty pet store, known for its exotic animals and loyal customer base spanning Indiana, Michigan, Ohio, and Illinois. The business, including all assets, goodwill, and existing clientele, is included in the sale price of $299,900. The building itself offers versatile space, comprising 3,121 square feet of retail space ideal for continuing the existing business or adapting to another retail use. Above the retail area is a 1,298 square foot, three-bedroom, one-bathroom apartment, currently in need of renovation. Additional space includes 957 square feet of upper-level storage and 1,287 square feet of basement storage. The property sits on a 0.08-acre lot, providing ample space for potential expansion or outdoor activities. Note that the sale of the business is a prerequisite to the sale of the building

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction WOOD
Total area 6,663 SF
Lot 0.08 ac (3,615 SF)
APN 57-07-33-340-026.000-020
UPID US31-1242774
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
LOGAN L PANT
LOGAN L PANT
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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