2783 Main St Patriot, IN 47038
This exceptional commercial property, located at 2783 Main Street in Patriot, Indiana, presents a unique investment opportunity. Situated on a 0.2-acre lot at the corner of Highway 156 and 4th Street, this property boasts excellent visibility and high traffic counts. The property comprises two separate buildings constructed of concrete block and brick, offering significant versatility. Its strategic location directly across from the Patriot firehouse ensures high visibility and easy access. All city utilities are readily available. Adding to its functionality are five external storage containers, varying in size from 8x10 to accommodate semi-trucks. The property is being sold "AS-IS," presenting a chance for buyers to customize and renovate to their specific needs. While the property requires some tender loving care, its prime location and substantial storage options make it an ideal candidate for a variety of commercial uses. The potential for significant return on investment is undeniable, making this a compelling opportunity for discerning investors seeking a multi-use property in a thriving Indiana community. This is a rare chance to acquire a well-positioned commercial property in a high-traffic area, ready for its next chapter.
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
No recorded transactions found for this property.
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.