1809 Park Ave, Alexandria, IN 46001-8198
This exceptional commercial property, located at 1809 S Park Avenue in Alexandria, Indiana, presents a unique investment opportunity. Spanning 2,673 square feet on a generous 1.94-acre lot, this building offers immense potential for a variety of businesses. Previously utilized as a chiropractic office, the layout is highly adaptable and includes seven exam/lab rooms, providing ample space for various uses. Additional features include a dedicated storage room, a formal conference room perfect for meetings and presentations, a private office for executive functions, a comfortable lounge area, and three restrooms for convenience. A spacious waiting room greets clients and visitors, enhancing the overall professional atmosphere. The building's versatile design allows for seamless customization to suit individual business needs. Its substantial lot size offers ample parking and potential for future expansion or outdoor amenities. The asking price is $249,000, representing a compelling value for a property of this size and functionality in a desirable Alexandria location. This is an excellent chance to acquire a well-maintained commercial building ready for immediate occupancy or strategic redevelopment. Don't miss this opportunity to establish your business in a prime location.
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Gary P. Hoffman, DC Alternative Medicine Practice
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Hoffman Chiropractic Alternative Medicine Practice
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
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.