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Property profile & analytics
OFF-MARKET
Office Spaces

136 Main St Brownstown, IN 47220-2017

4,470 SF 0.12 ac lot Built 1956
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-1912113
Property summary
AI-generated overview

This exceptional commercial property, located at 136 S Main Street in Brownstown, Indiana, 47220, offers a unique opportunity. Situated directly across from the Courthouse in the heart of the downtown area, this retail and office building boasts high visibility on US Highway 50 (Main Street). The building totals 4,470 square feet, with 2,805 square feet currently vacant and ready for immediate occupancy. The available space includes a rear area featuring existing office spaces and one bathroom, along with a large 2,805 square foot open area, perfect for customization. The property benefits from ample street parking on two sides of the building and across the street in front of the Courthouse. The average daily traffic count (ADT) on Main Street is 12,586, ensuring significant exposure for your business. This versatile space is ideal for a variety of uses, including traditional office space or a coworking environment, making it a compelling investment in a thriving Indiana community. The property is zoned for retail and office use.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1956
Construction WOOD
Total area 4,470 SF
Lot 0.12 ac (5,250 SF)
APN 36-54-14-102-009.000-002
UPID US31-1912113
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
  • Markel Lambring Law Firm Law Firm
  • Jackson County Title Abstract Title Company
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Express Electric & Underground INC · 2 yrs held
Express Electric & Underground INC
since 2023
4 recorded transactions
2023
Price N/A
2018
$95,000
2016
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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