107 Main St Borden, IN 47106-8852
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.