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Property profile & analytics
OFF-MARKET Estimated value $730,000
Office Spaces

202 Main St Goshen, IN 46526-3209

29,040 SF 0.17 ac lot Built 1909
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US31-3560297
Property summary
AI-generated overview

This exceptional 1,000 square foot single-tenant office space is ideally located at 202 N Main St, Goshen, Indiana, 46526. Situated on a prominent corner lot, this street-level property boasts unparalleled visibility and accessibility. The building, known as the Spohn Building, offers a blend of historic charm and modern functionality. The space features a welcoming foyer, a dedicated client waiting/reception area, two private offices providing ample space for individual work or team collaboration, and a convenient bathroom. The property type is classified as retail and office, with the subtype being traditional office. The building is equipped with elevators for easy access to all floors. The cross street is Clinton St, further enhancing its strategic location within the Goshen business district. This is a rare opportunity to secure a highly visible and historically significant commercial space in a thriving Indiana community. The property's prime location and attractive features make it an ideal choice for a variety of businesses seeking a prestigious and functional office environment. This single-tenant occupancy ensures privacy and control over the entire space.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1909
Construction WOOD
Total area 29,040 SF
Lot 0.17 ac (7,231 SF)
APN 20-11-09-265-010.000-015
UPID US31-3560297
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MAX Insurance Agency, Inc. Insurance Agency
  • L & M Hair Design Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
$752k
Blend (final) Blend
$730k
Owner & transaction history
Pumpkinvine Properties LLC · 5 yrs held
Pumpkinvine Properties LLC
since 2020
3 recorded transactions
2020
Price N/A
2019
$838,750
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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