365 Celestine S Rd Celestine, IN 47521-9709
This exceptional commercial opportunity in Celestine, Indiana, presents a solid investment prospect. The all-brick building is situated on a 0.16-acre lot at 365 N Celestine Road S, just one block from Highway 164, ensuring high visibility and convenient access. Currently configured as two separate office suites, the property boasts long-term tenants, providing immediate and consistent rental income. The building's construction is durable and well-maintained, minimizing potential maintenance costs. The strategic location near Highway 164 offers excellent exposure to a significant volume of traffic, enhancing the property's appeal to both current and future tenants. This presents a rare chance to acquire a stable, income-generating commercial property in a desirable location. The asking price of $155,000 reflects the building's strong potential for return on investment. Interested parties are encouraged to schedule a viewing to fully appreciate this opportunity. The property's size is not specified in the provided information.
-
Riecker Chiropractic Alternative Medicine Practice
-
United States Postal Service Post Office Logistics Service
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.