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Property profile & analytics
OFF-MARKET Estimated value $675,000
Retail space

225 Main St North Webster, IN 46555-1310

7,500 SF 0.5 ac lot Built 2002
Entity Owned 11-yr Hold Free & Clear
Property ID
US31-2317365
Property summary
AI-generated overview

This 1,500 square foot office space, located at 225 N Main Street, Suite E, is a single-tenant property perfect for a variety of businesses. The layout currently features several individual offices and a reception area, providing ample space for both private work and client interaction. A unique advantage is the potential to combine Suite E with the adjacent Suite D (not included in this listing) to create a significantly larger, more expansive workspace. This flexibility allows for customization to meet specific business needs and growth projections. The property is a traditional office building, situated on one floor, offering easy accessibility and convenient navigation. The single-tenant occupancy ensures privacy and control over the entire space. This Main Street location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving commercial area. The property is ready for immediate occupancy, presenting a fantastic opportunity for businesses seeking a well-appointed and adaptable office environment. Serious inquiries are encouraged to explore this promising commercial real estate opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Construction WOOD
Total area 7,500 SF
Lot 0.5 ac (21,780 SF)
Zoning code RESID
APN 43-08-10-200-337.000-024
UPID US31-2317365
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
  • Jill and Jennifer's Salon of Styles Hair Salon Nail Salon
  • Hartley Builders, LLC Construction Company General Contractor
  • Studio 51 Nail Salon
  • Artistry In Gold & Ladies Apparel (Bike/Boat/Book/etc) Store
  • Hartley Builders Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$547k
Blend (final) Blend
$675k
Owner & transaction history
Dp & P Investments LLC · 11 yrs held
Dp & P Investments LLC
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
RESID · North Webster, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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