319 Bolles St Brownstown, IN 47220-1105
This exceptional commercial property located at 319 N Bolles Street, Brownstown, Indiana, presents a unique investment opportunity. The 2,304 square foot building, constructed in 2002, sits on a sizable 0.6-acre lot, offering ample space for a variety of uses. Previously utilized as a tanning salon, the property is turnkey for a similar business, with the current owner willing to leave all existing equipment in place. This presents a significant advantage for a buyer looking to minimize initial setup costs and quickly commence operations. The versatile layout is well-suited for a range of commercial ventures, beyond its previous use. The building's solid construction and ample lot size provide significant potential for expansion or modification to meet specific business needs. A compelling aspect of this offering is the seller's willingness to provide owner financing, making this property accessible to a broader range of buyers. This attractive financing option, coupled with the property's existing features and potential, makes this a highly desirable investment opportunity in the thriving Brownstown market. Serious inquiries are encouraged to explore this exceptional commercial property further. The asking price is $100,000.
-
E Z Tan Tanning Salon
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
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.