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Property profile & analytics
OFF-MARKET Estimated value $510,000
Retail space

120 Main St Goshen, IN 46526-3204

29,370 SF 0.33 ac lot Built 1977
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US31-0727690
Property summary
AI-generated overview

This exceptional 29,370 square foot commercial building presents a remarkable opportunity in the heart of Goshen, Indiana. Located directly across from the historic courthouse on North Main Street, this property enjoys unparalleled visibility and foot traffic in a thriving downtown area. The building is currently available for sale or lease, offering significant potential for a wide range of businesses. Recent improvements include a brand-new roof and updated exterior drainage systems, ensuring a sound investment with minimal immediate maintenance needs. The interior is adaptable and the owner is willing to customize the space to meet the specific requirements of a prospective tenant or buyer. This prime location offers easy access to major transportation routes, providing convenient access to both Chicago and Ohio, attracting a diverse customer base. The property's position within the bustling downtown area also allows for participation in the popular monthly First Fridays events, further enhancing its appeal and potential for success. The 0.33-acre lot provides ample space for potential expansion or outdoor amenities. This is an exceptional opportunity to establish a thriving business in a vibrant and growing community. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction WOOD
Total area 29,370 SF
Lot 0.33 ac (14,462 SF)
Zoning code ZO01
APN 20-11-09-405-007.000-015
UPID US31-0727690
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sorg Jewelers (Bike/Boat/Book/etc) Store
  • Estilo Italiano Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
Gupreet Singh · 5 yrs held
Gupreet Singh
since 2021
Last sale
$315,000
3 recorded transactions
2021
$315,000
2016
Price N/A
2010
Price N/A
Zoning & alternative use
ZO01 · Goshen, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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