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    Property profile & analytics
    FOR SALE
    Commercial real estate

    292 S Main St, Marengo, IN 47140

    5,728 SF 0.45 ac lot Built 1917
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US31-2249749
    Property summary
    AI-generated overview

    This exceptional 6000 square foot property located at 292 S Main Street, Marengo, Indiana, presents a rare chance to acquire a piece of Crawford County history. Currently utilized as a workspace and equipment storage facility, the building's expansive open layout offers immense flexibility for a variety of commercial ventures. The substantial size and adaptable floor plan make it ideally suited for an automotive repair shop, leveraging the existing space for ample vehicle storage and repair bays. Alternatively, a creative entrepreneur could transform this building into a truly unique establishment. The upper level, with its exposed original brick, exquisite woodwork, and stunning windows, provides a captivating canvas for a restaurant or boutique. Imagine the charm and character of a business housed within this historic structure. The lower level offers approximately 6000 square feet of warehouse space, providing ample room for inventory, equipment, or additional business functions. The property sits on a 0.45-acre lot, offering potential for outdoor expansion or additional parking. Priced at $67,500, this is an unparalleled opportunity to own a significant piece of Marengo's heritage and create a thriving business within its walls. The building's history and substantial size present a unique investment opportunity with significant upside potential.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1917
    Construction WOOD
    Total area 5,728 SF
    Lot 0.45 ac (19,646 SF)
    APN 13-08-06-394-001.000-007
    UPID US31-2249749
    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
    JOHN BRICKEY
    JOHN BRICKEY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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