500 Jefferson St Huntington, IN 46750-2747
This exceptional commercial property at 500 N Jefferson St., Huntington, IN 46750, presents a unique investment opportunity. The 1,868 square foot retail space boasts a highly visible storefront on a busy corner in beautiful downtown Huntington, ideal for a variety of businesses. Currently generating income, the property also includes a one-bedroom apartment located upstairs, adding to its rental potential. Both the retail space and the apartment are currently occupied by tenants. This property is situated in Huntington County, Indiana, offering easy access to local amenities and a thriving community. The asking price is $129,900. A significant improvement is planned: a new roof is scheduled for installation in November 2024, enhancing the long-term value of this investment. This property is zoned for commercial use and offers a blend of retail and residential income streams. The location provides excellent visibility and foot traffic, making it an attractive proposition for both established businesses and new ventures. The combination of a strong retail presence and a rental apartment makes this a versatile and potentially lucrative investment. Don't miss this chance to own a piece of Huntington's vibrant downtown.
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
Similar Nearby for Lease
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.