15 Baldwin St Bargersville, IN 46106-9606
This exceptional 2,699-square-foot commercial property, located at 15 Baldwin Street in Bargersville, Indiana, presents a unique opportunity for a variety of businesses. Situated in the heart of downtown Bargersville's vibrant Greenwood submarket, this single-tenant space offers versatile options for retail, restaurant, traditional office, executive office, medical office, or creative office uses. The building, constructed in 1910 and boasting a newly replaced roof (September 2022), features one story and is zoned DT - Downtown Mixed Use Development. The property benefits from ample parking directly in front, excellent signage opportunities on both Baldwin Street and Harriman Avenue, and a highly visible location near popular establishments like Taxman and Pizza & Libations. Its proximity to the $9 million Kephart Park, the Bargersville Town Office, and a new downtown amphitheater further enhances its appeal. The low operating costs contribute to reduced rent, making this an attractive investment. A three-way liquor license is available, adding significant potential for certain businesses. Utilities include electric and gas heat. Note that there are no elevators. The property taxes are $0.88 per square foot. This is a rare opportunity to establish a presence in a thriving downtown area.
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
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.