227 North Main St Warren, IN 46792
For Sale
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This stunning 1900-built church, located at 227 N Main Street in the heart of downtown Warren, Indiana, presents a rare opportunity for redevelopment. The property boasts 5129 square feet of space situated on a 0.25-acre lot. Its rich history and architectural details offer a unique blend of charm and modern potential. Currently configured as a place of worship, the building's versatile layout lends itself to a variety of adaptive reuse options. Imagine transforming this space into a vibrant performing arts center, a captivating event venue, a welcoming community center, or even a striking residential conversion. The prime downtown location ensures high visibility and accessibility, making it an ideal investment for entrepreneurs and developers alike. The property's substantial size and central location offer significant advantages for any future use. This is a chance to acquire a piece of Warren, Indiana's heritage and shape its future. The possibilities are truly endless for this exceptional property. The asking price is $189,000.
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.