114 Market St Borden, IN 47106-8917
This exceptional commercial property, located at 114 Market Street in Borden, Indiana, presents a remarkable investment opportunity. Situated on a highly visible section of State Highway 60, this prime retail location boasts a rich history as the former Brewer's General Store. The building, constructed in 1926, offers substantial space with approximately 5091 square feet on the first floor and an additional 1616 square feet on the second floor, providing ample room for a variety of business ventures. The property sits on a combined lot encompassing 0.2390 acres (Lot #34) and a portion of Lot #43 (63.5 x 82.5 feet), offering excellent visibility and potential for expansion. The sale includes a comprehensive inventory of retail equipment, significantly reducing start-up costs for the new owner. This equipment includes all coolers, various food preparation and pizza-making equipment, extensive shelving, and other essential retail fixtures. The high-traffic location and existing infrastructure make this a turnkey operation, ideal for an entrepreneur seeking a well-established space with significant potential for growth. The building's historic character adds unique charm and appeal, while its size and location offer unparalleled opportunities for success in the vibrant Borden market. The asking price for this exceptional property is $250,000.
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
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.