Property profile

106 Main St Fortville, IN 46040

OFF-MARKET
Medical Office Space
Property ID
US31-1253400
3,105 SF 0.07 ac lot Built 1900
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story commercial property, located at 106 S. Main Street, offers 4,178 rentable square feet of versatile space. Situated on a revitalized Main Street, this single-tenant building boasts a prime location with ample public parking nearby, ensuring convenient access for clients and employees. Originally constructed in 1900, the building underwent significant renovations in 2014, seamlessly blending historic charm with modern functionality. The property's flexible layout makes it ideal for a variety of uses, including office space, retail establishments, or even a restaurant. The building's two levels provide ample room for expansion and customization to meet specific business needs. The property's location on the redeveloped Main Street offers high visibility and significant foot traffic, providing excellent opportunities for business growth and brand exposure. This is a rare opportunity to secure a well-maintained, historically significant building in a thriving commercial district. The combination of its prime location, updated interior, and flexible space makes this property an attractive investment for discerning businesses seeking a unique and functional space. Don't miss this chance to establish your business in a vibrant and accessible location. Inquire today to learn more about leasing this exceptional property.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1900
Construction WOOD
Total area 3,105 SF
Lot 0.07 ac (3,001 SF)
APN 30-02-09-410-043.000-017
UPID US31-1253400

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Location

106 Main St Fortville, IN 46040-1511
Fortville metro Census 410202 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2009
$70,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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