179 Miami St Peru, IN 46970-2106
This exceptional investment opportunity presents a 0.68-acre commercial property located at 179 N Miami Street in Peru, Indiana, listed at $500,000. The property consists of commercial buildings currently leased, offering immediate cash flow for the investor. The previous owner operated a printing business on the site, which has since been sold, and the real estate is now available for purchase separately. The buildings are well-maintained and in excellent condition, presenting a solid foundation for continued rental income. There is significant potential for expansion, allowing for future growth and increased profitability. The ample space provides flexibility for a variety of commercial uses, making this a versatile investment. This property is ideal for investors seeking a stable, income-generating asset with significant upside potential in a desirable location. The strong existing lease provides immediate return on investment, while the potential for expansion offers long-term growth opportunities. Financial details and a property tour can be arranged upon request. This is a rare opportunity to acquire a well-established commercial property in a thriving market. Don't miss out on this chance to secure a valuable addition to your investment portfolio.
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Modern Graphics Marketing & Advertising Printing Service
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Marketing.com Marketing & Advertising Printing Service
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
Similar Nearby for Lease
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.