304 Wayne St Fremont, IN 46737
This exceptional commercial property at 304 S Wayne Street, Fremont, Indiana, presents a unique investment opportunity. Situated on a prominent corner lot (0.4 acres) directly across from a Dollar General, this location ensures high visibility and significant foot traffic. The property comprises three separate buildings, offering a multitude of uses and potential rental income streams. The main building features three distinct entrances, allowing for flexible division into individual rental spaces for various businesses. Its adaptable layout could accommodate a diverse range of tenants. The building also includes an air-conditioned office area. A large barn offers substantial storage potential, ideal for boats, cars, RVs, or inventory. Alternatively, the entire complex could be utilized for a single, large-scale operation. Consider the possibilities: a local brewery, a unique restaurant, or a multi-tenant commercial center. The third building, a standalone structure, provides an additional space perfectly suited for a separate business venture. The property boasts a newly constructed 16' x 12' overhead door on the main building's Wayne Street frontage, with a second overhead door creating a potential drive-through capability. This versatile property is priced at $157,900 and offers an exceptional chance to capitalize on its prime location and adaptable spaces. The possibilities are limited only by your imagination.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.