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Property profile & analytics
OFF-MARKET
Retail space

122 Main St Burket, IN 46508-1000

1,980 SF 0.16 ac lot Built 1910
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US31-1445941
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction WOOD
Total area 1,980 SF
Lot 0.16 ac (7,084 SF)
APN 43-14-09-100-066.000-022
UPID US31-1445941
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
  • United States Postal Service Money Order Service Shipping And Mailing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1st Family Properties LLC · 1 yrs held
1st Family Properties LLC
since 2025
Last sale
$48,000
3 recorded transactions
2025
$48,000
2024
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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