115 Main St Hillsboro, IN 47949
This exceptional 1,600 square foot commercial property located at 115 E Main Street in the charming town of Hillsboro, Indiana, presents a unique opportunity for a discerning entrepreneur. Priced at $195,000, this turnkey business boasts a prime location on Main Street, ensuring high visibility and convenient access for customers. The property sits on a 0.06-acre lot, providing ample on-street parking for patrons and a small, additional parking area in the rear. The building itself offers 1,600 square feet of versatile space, ideal for a variety of business ventures. The existing infrastructure and established success make this a truly exceptional opportunity to own and operate a thriving business in a desirable small-town setting. The property's location on Main Street offers excellent foot traffic and visibility, while the small back lot provides additional convenience for both customers and business operations. This is a rare chance to acquire a well-situated, ready-to-go business property in a community known for its friendly atmosphere and strong sense of community. The property is categorized as "Other," allowing for a wide range of potential uses, subject to local zoning regulations. Don't miss this chance to establish your business in a thriving small town environment. Serious inquiries only.
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Chatterbox Cafe Restaurant
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
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.