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Property profile & analytics
OFF-MARKET
Medical Office Space

204 Plymouth St Bremen, IN 46506

4,120 SF Built 1900
Property ID
US31-1459549
Property summary
AI-generated overview

This exceptional Class A office building, located at 204 E Plymouth St, Bremen, IN 46506, presents a unique investment opportunity. The 4,120 square foot building, constructed in 1900 and situated on an 11,088 square foot corner lot, boasts a 10% cap rate and is currently 100% occupied. The property features a multi-tenant setup, with the upper level currently leased as a residential apartment, generating additional income. The main level is ideally suited for a medical practice, pre-wired for x-ray equipment, and offers ample parking and ADA accessibility. The C1 zoning allows for diverse uses, including attorney's offices, CPA firms, small businesses, or even an internet cafe. The building has been meticulously maintained and offers a large two-bedroom apartment with a separate entrance. This three-story building represents a strong investment with significant potential for growth and diverse income streams. The property's location in Bremen, Indiana, provides convenient access to local amenities and a thriving community. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The asking price is $299,900. The APN is 50-53-35-203-793.000-006. Net lease terms are available.

Property profile
Verified
Property type Medical Office Space
Year built 1900
Total area 4,120 SF
APN 50-53-35-203-793.000-006
UPID US31-1459549
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
  • Wiliam G. Garl, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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