Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice
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Alternative Medicine Practice
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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