1110 Detroit St Lagrange, IN 46761-1131
This exceptional commercial property, located at 1110 N Detroit Street in Lagrange, Indiana, presents a unique opportunity for owner-users seeking high visibility and convenient access. Situated on a 1.35-acre lot (comprising two parcels: a 0.89-acre parcel featuring the main building and a 0.46-acre rear parcel), this single-story building offers a total of 1,779 square feet of space. The property boasts a prime location on busy Detroit Street (SR 9), ensuring high traffic volume and excellent exposure for any business. The building itself is divided into two main areas: 1,000 square feet of updated retail/office space, ideal for customer interaction and administrative functions, and 779 square feet of storage space equipped with two convenient garage doors – one located on the west side near a 400-square-foot carport, and the other situated at the rear of the building. The property is zoned B2 - Neighborhood Business, allowing for a variety of commercial uses. All public utilities are readily available. Previously used as an auto sales facility, this versatile building is ready for its next chapter. The combination of high visibility, ample space, and convenient location makes this an attractive investment for a wide range of businesses. The asking price is $160,000.
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
Similar Nearby for Lease
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.