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Property profile & analytics
OFF-MARKET
Commercial real estate

320 3rd St Clinton, IN 47842

15,379 SF 0.2 ac lot Built 1910
Individually Owned Free & Clear
Property ID
US31-1906297
Property summary
AI-generated overview

This exceptional property, situated in Clinton's vibrant downtown business district at 320 S 3rd Street, presents a unique investment opportunity. The substantial building encompasses nearly 12,000 square feet, previously utilized as a body shop. A significant feature is the inclusion of a former apartment space located upstairs, offering versatile possibilities for expansion or adaptation. The property's adaptability makes it suitable for a wide range of commercial ventures. The building's current vacancy allows for immediate occupancy and customization to meet specific business needs. Beyond the building itself, a significant advantage is the presence of a sizable 0.54-acre lot providing ample parking. This expansive area offers significant potential for future development, expansion, or additional uses, enhancing the property's overall value and functionality. The asking price for this prime downtown location is $225,000, representing a compelling investment in a thriving community. The combination of building size, parking availability, and development potential makes this a truly remarkable opportunity for a discerning buyer. Serious inquiries are encouraged to explore the full potential of this versatile property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1910
Construction WOOD
Total area 15,379 SF
Lot 0.2 ac (8,616 SF)
APN 83-13-15-310-020.000-002
UPID US31-1906297
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Chris Wright
Chris Wright
since 2025
3 recorded transactions
2025
Price N/A
2024
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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