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Property profile & analytics
OFF-MARKET
Auto shops

2783 Main St Patriot, IN 47038

3,200 SF 0.26 ac lot Built 1860
Individually Owned Absentee Owner Free & Clear
Property ID
US31-1165370
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1860
Construction WOOD
Total area 3,200 SF
Lot 0.26 ac (11,220 SF)
APN 78-10-13-113-033.000-007
UPID US31-1165370
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
ROBERT W SCUDDER
ROBERT W SCUDDER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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