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Property profile & analytics
OFF-MARKET
Retail space

408 National Ave Brazil, IN 47834-2545

4,360 SF 0.17 ac lot Built 1997
Entity Owned Free & Clear
Property ID
US31-2486159
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction WOOD
Total area 4,360 SF
Lot 0.17 ac (7,200 SF)
APN 11-02-36-400-313.000-002
UPID US31-2486159
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
EVERSOLE AUTOMOTIVE GROUP LLC
EVERSOLE AUTOMOTIVE GROUP LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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