105 Main St Geneva, IN 46740
- Retail space
- 1,698 SF
- 0.11 lot acres
Current Use by Public Records
- Retail space
Property Details for 105 Main St
- Year built
- 1931
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 1,698 SF
- Property type
- Retail space
- APN
- 01-11-29-209-009.000-019
- APU
- 11129209009000019
Description
This exceptional mixed-use storefront property, located at 105 N Main St in Geneva, Indiana (zip code 46740), presents a lucrative investment opportunity. Situated on a prominent 0.11-acre corner lot at the intersection of US-27 and State Road 116, this property boasts impressive visibility and high traffic volume exceeding 10,000 vehicles per day. Currently configured as a thriving dual-business operation—a nail salon and a flower boutique—this building offers immediate income potential. The C-1 zoning allows for a variety of uses, providing flexibility for future development or continued operation of the existing businesses. The current owner is open to a leaseback arrangement, providing a seamless transition for the new owner. This turnkey investment is priced at $196,000 and represents a rare chance to acquire a well-established, high-traffic commercial property in a desirable Indiana location. The property's prime location and existing businesses make it an ideal investment for both seasoned investors and those seeking a stable, income-generating asset. The building's excellent condition and high visibility ensure a strong return on investment. Don't miss this opportunity to own a piece of thriving downtown Geneva.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Adams
- State
- Indiana
- Longitude
- -84.9606
- Latitude
- 40.5922
- CBSA code
- 19540
- CBSA name
- DECATUR, IN MICROPOLITAN STATISTICAL AREA
