2155 N 700 W Arlington, IN 46104
For Sale
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This unique Arlington, IN property, located at 2155 N 700 W W, offers a compelling investment opportunity spanning 8,973 square feet on a 0.21-acre lot. Previously a successful restaurant and grocery store location, the building presents significant redevelopment potential. The ground floor's layout is adaptable to a variety of commercial uses, given its history as a thriving food-service establishment. The second floor provides a large, open-concept space ideally suited for conversion into residential apartments, offering a lucrative opportunity to capitalize on the growing demand for housing. The third floor features existing office space, ready for immediate occupancy or further customization to meet specific business needs. The property's size and versatile floor plan allow for a multitude of mixed-use configurations, catering to a diverse range of tenants and maximizing rental income. The strategic location in Arlington ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. This property is priced at $339,000 and represents a rare chance to acquire a substantial commercial building with significant upside potential in a desirable location. The building's structure is sound, providing a solid foundation for future development and long-term investment returns. Serious inquiries are encouraged to explore the full range of possibilities this property offers.
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Arlington General Store Grocery & Convenience Store
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United States Postal Service Post Office Logistics Service
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
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.