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Property profile & analytics
OFF-MARKET Estimated value $610,000
Retail space

291 Main St Peru, IN 46970-1953

7,044 SF 0.42 ac lot Built 2001
Entity Owned Free & Clear
Property ID
US31-1839046
Property summary
AI-generated overview

This exceptional commercial property, located at 291 W Main Street in Peru, Indiana, presents a unique investment opportunity. Situated on a prominent corner lot with a 0.42-acre footprint, this building enjoys high visibility due to its Main Street location and strategic placement at a stoplight intersection. The property boasts a substantial two-story structure, offering ample space for a variety of commercial uses. The building includes a sizable 75 x 12 foot greenhouse, ideal for businesses requiring climate-controlled space. Heating is provided by two furnaces, one on each floor, ensuring efficient climate control throughout the building. Convenient parking is readily available with 22 spaces provided, along with a two-space carport attached to the rear of the building. The asking price for this well-maintained property is $595,000. Its prime location and versatile layout make it an attractive option for a wide range of commercial enterprises. The property's size and features offer significant potential for growth and expansion. This is a rare opportunity to acquire a well-established commercial property in a thriving location. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction WOOD
Total area 7,044 SF
Lot 0.42 ac (18,224 SF)
APN 52-08-28-413-026.000-016
UPID US31-1839046
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k
Owner & transaction history
Goose Bcre LLC
Goose Bcre LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $910,000 +19.1%
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