1409 Votaw St Portland, IN 47371-9501
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.