107 Anderson St Sandborn, IN 47578
This attractive commercial property, situated at 107 S Anderson Street in Sandborn, Indiana, presents a unique investment opportunity. Priced at $22,500, this building offers significant potential for a variety of uses. The property sits on a 0.04-acre lot and boasts a spacious layout ideal for adaptation. Previously utilized as a hair salon, the building features a large, open room bathed in natural light, creating a welcoming and airy atmosphere. This main area is complemented by a convenient half bath and an additional room, providing flexibility for expansion or specialized use. The building's central Sandborn location ensures high visibility and accessibility, making it an excellent choice for entrepreneurs seeking a well-positioned commercial space. The property's versatility allows for a range of business ventures, from retail to office space, or even a return to its previous use as a salon. The ample natural light and existing layout offer a solid foundation for immediate occupancy and customization. This is a rare opportunity to acquire a well-located commercial building at an attractive price point in the heart of Sandborn. Serious inquiries are encouraged to explore the possibilities this property offers. The square footage is not currently 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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.