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Property profile & analytics
OFF-MARKET
Commercial real estate

432 Broadway St New Haven, IN 46774-1106

9,400 SF 0.13 ac lot Built 1875
Entity Owned Free & Clear
Property ID
US31-0562580
Property summary
AI-generated overview

This exceptional 7,000 square foot retail property, located at 432 Broadway St, New Haven, IN 46774, presents a unique investment opportunity. The two-unit building, constructed in 1875 and renovated in 2019, sits on a 0.13-acre lot (APN: 02-13-12-161-011.000-041). Currently vacant, the property is available for occupancy on February 6, 2024, and offers a flexible floor plan. The ground floor is ideally suited for a restaurant, bar, or storefront, while the second floor presents potential for conversion into multi-family residential units. The property benefits from convenient access to ample parking, including a nearby city-owned lot and on-street parking, enhancing its appeal to both businesses and residents. This location is part of the revitalized Historic Broadway Street area, experiencing significant growth and offering a strong potential for return on investment. The asking price is $335,000. This presents a rare opportunity to own a piece of New Haven's history while capitalizing on its exciting future. The absence of special smoking licenses required in New Haven adds to the property's unique appeal.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1875
Construction WOOD
Total area 9,400 SF
Lot 0.13 ac (5,601 SF)
APN 02-13-12-152-027.000-041
UPID US31-0562580
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
Cedar Oak Venture LLC
Cedar Oak Venture LLC
since 2025
2 recorded transactions
2025
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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