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Property profile & analytics
OFF-MARKET
Retail space

422 Main St Clinton, IN 47842-2414

14,288 SF 0.38 ac lot Built 1900
Individually Owned Free & Clear
Property ID
US31-1375792
Property summary
AI-generated overview

This exceptional commercial property, located at 422 S Main Street in Clinton, Indiana, presents a unique investment opportunity. Situated on a 0.38-acre lot, the building boasts significant versatility, currently operating as Clinton Color Crafters. The main level offers ample storage and office space, perfectly suited for a variety of businesses. A key feature is the inclusion of a residential apartment and additional offices on the second floor, providing potential for owner-occupancy or rental income. The property also includes a partially unfinished basement, offering further expansion possibilities. Convenient loading docks are located at both the rear and side of the building, ensuring efficient logistics. The roof was replaced with a new membrane in December 2018. The building is equipped with a 400-amp, 220-volt, 3-phase electrical service, ensuring sufficient power for demanding operations. Furthermore, the property features a recently inspected sprinkler system and backflow system, meeting safety standards. A satellite dish is installed on the roof. This property offers a blend of commercial and residential space, making it an ideal choice for entrepreneurs seeking a combination of workspace and living quarters, or investors looking for a multi-faceted income-generating asset. Its strategic location on SR 163 ensures high visibility and accessibility. The asking price is $165,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction WOOD
Total area 14,288 SF
Lot 0.38 ac (16,749 SF)
APN 83-13-15-420-018.000-002
UPID US31-1375792
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jon T Harvey
Jon T Harvey
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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