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Property profile & analytics
OFF-MARKET
Retail space

107 Main St Borden, IN 47106-8852

576 SF 0.04 ac lot Built 1926
Entity Owned 3-yr Hold Free & Clear
Property ID
US31-2717955
Property summary
AI-generated overview

This unique 1926 building at 107 Main Street, Borden, Indiana, presents a rare investment opportunity. Previously a barbershop with a rich history spanning two owners, this property offers a captivating blend of nostalgia and commercial potential. Originally established in 1926, the building boasts intriguing historical features, including rumored Prohibition-era uses. Its convenient location directly across from Borden High School provides excellent visibility and accessibility. The property includes two antique barber chairs (sold separately), adding to its character and potential for themed businesses. While currently configured as a barbershop, the building's versatile layout lends itself to a variety of commercial uses. The sale is AS-IS, allowing for creative redevelopment, though inspections are welcomed to assess the property's condition. The building's history, combined with its prime location, makes it an exceptional opportunity for an investor seeking a unique and potentially lucrative venture in the heart of Borden. The property is situated on a 0-acre lot. The asking price is $49,900. The square footage is not specified.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1926
Construction WOOD
Total area 576 SF
Lot 0.04 ac (1,612 SF)
APN 10-16-00-300-157.000-036
UPID US31-2717955
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Broken Town Granola LLC · 3 yrs held
Broken Town Granola LLC
since 2022
Last sale
$45,000
2 recorded transactions
2022
$45,000
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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