142 Main St Avilla, IN 46710
This exceptional commercial property, located at 142 S Main Street in Avilla, Indiana, presents a unique investment opportunity. Boasting 16,553 square feet on a 0.38-acre corner lot, this property offers unparalleled versatility. The building, recently updated and remodeled, features over 3,800 square feet of meticulously restored office space. Inside, you'll find multiple private offices, cubicles, three bathrooms, and a fully equipped kitchen. Three separate heating and cooling units ensure climate control throughout the space. Modernized electrical systems provide state-of-the-art internet access and communications, complemented by advanced security and fire protection systems. The stunning woodwork has been completely restored, adding to the property's charm and character. The property benefits from street access on three sides and a large paved parking lot, providing ample space for parking and convenient access. A new roof was installed in 2019. This property is zoned to allow for a variety of uses, including a single business, a residential conversion, or an investment property divided into up to three business units or a triplex. The asking price is $274,900. Located in Noble County, Indiana, with a zip code of 46710, this property offers a blend of modern amenities and classic appeal in a desirable location. Don't miss this chance to own a piece of Avilla's vibrant commercial landscape.
-
Taylor IP, P.C. Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.