111 E Main Cross St, Edinburgh, IN 46124

Property Details for 111 E Main Cross St

Year built

1930

Construction

WOOD

Lot size

0.09 lot acres

Property type

Commercial real estate

APN

41-12-34-031-005.000-002

APU

411234031005000002

Description

This exceptional mixed-use property, located at 111 E Main Cross Street in the heart of Edinburgh's historic district, presents a unique investment opportunity. The building boasts a total of 8,153 square feet, offering significant potential for expansion and diverse income streams. Currently, the first floor features a leased retail space, generating immediate rental income. Above, a second-floor apartment is already in place, providing additional revenue potential. The existing structure offers ample space to develop additional residential units, further enhancing the property's value and return on investment. The building has undergone a restoration, ensuring its historical charm is preserved while offering modern functionality. Situated on a 0.09-acre lot, the property benefits from its prime location in the vibrant downtown area, providing excellent visibility and accessibility. This is an ideal acquisition for investors seeking a strong return or business owners looking to expand their operations into a beautifully restored, historic building. The property's size and versatile layout offer considerable flexibility for a variety of uses, making it a truly exceptional opportunity in the thriving Edinburgh market. The asking price is $350,000.

Location Insight

City

Edinburgh

County

Johnson

State

Indiana

Longitude

-85.9661

Latitude

39.354

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments