You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $295,000
Commercial real estate

292 Main St Marengo, IN 47140-3128

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
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k
Owner & transaction history
JOHN BRICKEY
JOHN BRICKEY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 292 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message