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Property profile & analytics
OFF-MARKET
Office Spaces

1409 Votaw St Portland, IN 47371-9501

1,331 SF 0.76 ac lot Built 1981
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1704965
Property summary
AI-generated overview

This exceptional commercial property at 1409 W Votaw Street, Portland, Indiana, presents a unique investment opportunity. The building offers 1,331 square feet of adaptable space, perfect for a variety of commercial uses, including retail, office, or service-oriented businesses. Its versatile layout allows for customization to suit individual business needs. Situated on a substantial 0.76-acre lot, the property provides ample room for expansion, the addition of outdoor amenities, or increased parking capacity. The generous lot size ensures excellent visibility and accessibility for customers. The location offers convenient access to public transportation, further enhancing its appeal. This prime location in Portland, Indiana, provides a thriving business environment. The property is zoned Highway Service (Retail Service) Etc., ensuring suitability for a range of commercial ventures. Essential utilities are readily available, including Ohio Valley Gas, I&M Electric, and Portland City services. This is an outstanding opportunity to acquire a well-situated commercial property with significant potential for growth and success. The combination of size, location, and zoning makes this a highly desirable investment.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1981
Construction WOOD
Total area 1,331 SF
Lot 0.76 ac (33,106 SF)
APN 38-07-19-101-003.000-034
UPID US31-1704965
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
LACEYBROOKE PROPERTIES LLC
LACEYBROOKE PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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