122 Main St Burket, IN 46508-1000
This exceptional commercial property presents a rare investment opportunity in the thriving town of Burket, Indiana. Situated on a 0.16-acre corner lot at 122 E Main Street, this building enjoys high visibility and convenient access. The property's prime location is complemented by its proximity to other commercial and multi-use buildings, ensuring a bustling and active environment. The existing tenant benefits from a long-term lease, providing immediate and consistent rental income. The building itself offers substantial space, boasting over 1,300 square feet on the main level. This versatile layout includes attractive front retail space, perfect for a variety of businesses, along with a spacious back area ideal for open workspace or storage. A partial basement adds further potential for expansion or storage. Ample street-side parking is available directly in front of and alongside the building, ensuring convenient access for both customers and employees. This property is an excellent choice for investors seeking a stable, income-generating asset in a desirable location. The combination of a strong tenant, prime location, and substantial square footage makes this a truly compelling investment opportunity. Don't miss out on this chance to acquire a valuable piece of Burket's commercial landscape.
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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
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.