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Property profile & analytics
OFF-MARKET
Commercial real estate

220 16Th St Terre Haute, IN 47807

Built 1900
Property ID
US31-2201031
Property summary
AI-generated overview

This exceptional mixed-use property, located at 220 S 16th St, Terre Haute, IN 47807, presents a unique investment opportunity. Built in 1900, this one-story home sits on a spacious 5,394 square foot lot and offers significant upside potential. The main house boasts three bedrooms and one bathroom, complemented by a cozy fireplace in the main living area, a large kitchen, and a substantial bonus room. An unfinished basement provides ample storage space. The true gem of this property lies in its attached structure, ideal for a variety of uses. Imagine a home office, daycare center, or even a ballet/gymnastics school thriving in this versatile space. The property also includes a convenient two-car garage. This traditional American home is situated in the heart of Terre Haute, offering easy access to local amenities and services. Priced at $49,900, this property represents a compelling opportunity for investors seeking a blend of residential and commercial potential. Don't miss the chance to own this versatile and charming property with significant growth potential.

Property profile
Verified
Property type Commercial real estate
Year built 1900
UPID US31-2201031
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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