326 Main St Plainfield, IN 46168
- Auto shops
- 1,856 SF
- 0.36 lot acres
Current Use by Public Records
- Mel's Service Center / Mechanic
Property Details for 326 Main St
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.36 lot acres
- Property size
- 1,856 SF
- Property type
- Auto shops
- APN
- 32-10-34-220-019.000-012
- APU
- 321034220019000012
Description
This exceptional commercial property, located at 326 W Main Street in the heart of Plainfield's bustling business district, offers a unique investment opportunity. The property boasts a substantial 1,856 square feet of space, ideal for a variety of commercial ventures. Its prime location ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The 0.36-acre lot provides ample space for potential expansion or outdoor amenities, depending on the intended use. The asking price is $1,895,000. This presents a rare chance to acquire a well-situated commercial property in a thriving Indiana community. The property's strategic positioning within the business district offers unparalleled access to a diverse customer base and strong potential for growth. Given its size and location, this property is suitable for a wide range of commercial uses, making it an attractive investment for discerning buyers seeking a foothold in a dynamic market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $295,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $270,000
- Mixed-Use
- $245,000
- Hospitality
- $240,000
- Educational
- $275,000
- Residential Income
- $285,000
- Energy
- $310,000
- Income-Based Land
- $240,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Plainfield
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.4049
- Latitude
- 39.7025
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA