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Property profile & analytics
OFF-MARKET
Retail space

211 Main St Brook, IN 47922

4,700 SF 0.13 ac lot Built 1949
Individually Owned Absentee Owner Free & Clear
Property ID
US31-2502243
Property summary
AI-generated overview

This exceptional mixed-use commercial property, located at 211 W Main Street in the heart of Brook, Indiana, presents a compelling investment opportunity. Situated on a 0.13-acre lot, the building's previous use as a bar and restaurant offers a versatile foundation for a variety of future ventures. Currently vacant, this property allows for immediate customization and development to suit your specific business needs. The building's downtown location provides excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The asking price of $15,000 represents a significant value proposition for investors seeking a foothold in a thriving Indiana market. The property is being sold "as-is," providing flexibility for buyers to implement their vision without pre-existing limitations. This is an ideal chance to acquire a strategically positioned commercial space with significant upside potential. The property's history as a successful bar and restaurant suggests a strong foundation for future success, whether you choose to continue in that vein or pursue a different commercial use. Don't miss this chance to secure a prime piece of Brook, Indiana real estate. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction TYPE NOT SPECIFIED
Total area 4,700 SF
Lot 0.13 ac (5,805 SF)
APN 56-12-19-111-015.000-007
UPID US31-2502243
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MICHAEL A GARRITY
MICHAEL A GARRITY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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