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Property summary
This exceptional commercial property at 1423 Sheffield Avenue in Dyer, Indiana, presents a unique investment opportunity. Spanning over 4,300 square feet on a 0.25-acre lot, this building offers a versatile layout ideal for a variety of businesses. Currently configured as an antique store, the property's design allows for flexible use. The main level features a spacious, open-concept showroom, two bathrooms, and a convenient garage/storage area with an overhead door, perfect for inventory or equipment. Upstairs, a separate 5-office suite with two additional bathrooms provides ample space for administrative functions or private consultations. The building's prime location in a bustling area ensures high visibility and easy accessibility, with ample parking available. Furthermore, the upcoming completion of the West Lake Corridor train station at the corner of Sheffield and Main Street promises to significantly enhance the area's vibrancy and foot traffic, making this an even more attractive investment. This property offers a rare chance to capitalize on the exciting developments transforming Dyer, creating a strong foundation for future growth and success. The asking price is $615,000.
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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