305 S Ferguson St Henryville, IN 47126
For Sale
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OPPORTUNITY AWAITS in the heart of Henryville! Located on highly visible Highway 31, this B-1 Commercial zoned property offers endless possibilities for your next business venture. For many years, the property has been utilized as a single-family residence, but its commercial zoning opens the door to a variety of potential uses including a daycare facility, preschool, homeschool co-op, office space, boutique retail shop, service-based business. The main building offers approximately 840 square feet of space and was originally built in 1937, providing character and charm. Situated on a generous 0.40-acre lot, the property also includes a detached outbuilding for additional storage or workspace. Excellent visibility, convenient access, and a prime location along one of Henryville’s busiest corridors make this a unique investment opportunity. Bring your vision and make this property your own! Storage Shed does not remain with the sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.