Property profile

320 Main St Goshen, IN 46528

OFF-MARKET
Commercial real estate
Property ID
US31-0742676
13,041 SF 0.3 ac lot Built 1941
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 320 N Main Street in Goshen, Indiana, presents a unique investment opportunity. The property consists of two buildings totaling 13,065 square feet of net rentable space, built in 1941 and situated on a 0.56-acre lot. The buildings are two stories high, offering a versatile layout ideal for a variety of industrial uses. The zoning is M1, allowing for a wide range of permitted activities. The warehouse features a 12-foot ceiling height and one loading dock, providing ample space for efficient operations. The property is currently vacant, offering immediate occupancy for a new owner or tenant. The convenient location just north of downtown Goshen provides excellent visibility and accessibility. With over 3,000 square feet of potential office space and more than 9,000 square feet of manufacturing area, this property is well-suited for businesses seeking a combination of office and warehouse space. The property's address is 320 N Main Street, Goshen, IN 46528, and the APN is 20-11-09-260-003.000-015. The asking price for this versatile commercial building is $399,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1941
Construction TYPE NOT SPECIFIED
Total area 13,041 SF
Lot 0.3 ac (12,937 SF)
Zoning code ZO01
APN 20-11-09-260-003.000-015
UPID US31-0742676

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store

Location

320 Main St Goshen, IN 46528-2826
Goshen metro Census 202 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2011
Price N/A

Zoning & alternative use

ZO01 · Goshen, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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