408 National Ave Brazil, IN 47834-2545
This exceptional 4,360 square foot commercial building presents endless possibilities for a discerning buyer. Located in the heart of downtown Brazil, Indiana, on US 40, this property boasts high visibility and convenient access. The building sits on a sizable 0.33-acre lot (120' x 120'), offering ample space for expansion or outdoor activities. The interior features a spacious 2,120 square foot retail showroom, perfect for showcasing products or services. A substantial 2,240 square foot warehouse area, equipped with three overhead doors, provides excellent storage and loading capabilities. Currently, the building includes one office and one restroom, but the open floor plan allows for easy customization to meet specific business needs. Energy-efficient lighting and two HVAC systems contribute to low utility costs, a significant advantage for any business owner. A large attic provides additional storage space. The building has been meticulously maintained and is ready for immediate occupancy. Existing furniture and fixtures are available for negotiation. This is a truly remarkable opportunity to establish or expand your commercial enterprise in a thriving downtown location.
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
No recorded transactions found for this property.
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.