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Property profile & analytics
OFF-MARKET
Retail space

504 National Ave Brazil, IN 47834-2634

1,820 SF 0.06 ac lot Built 1940
Individually Owned Absentee Owner Free & Clear
Property ID
US31-1375616
Property summary
AI-generated overview

This exceptional 1,820-square-foot commercial property, situated on a prominent main street location in Brazil, Indiana, presents a unique investment opportunity. Currently configured as a thriving skincare studio, the building's adaptable layout offers diverse potential uses for a variety of businesses. The interior boasts a welcoming reception/lobby area, a convenient kitchen/breakroom, and four generously sized studio/offices, each thoughtfully equipped with built-in cabinetry and sinks. Adding to the functionality is a full bathroom featuring a walk-in shower, and a convenient half bath. A significant renovation in 2022 encompassed both interior and exterior improvements, ensuring a modern and well-maintained space. The upgrades include a durable TPO roof, providing long-term peace of mind. The property sits on a 0.06-acre lot, offering ample space for client parking or potential expansion. Its prime location on a busy street guarantees high visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the heart of Brazil. This turnkey operation is ready for immediate occupancy, offering a rare blend of convenience, functionality, and prime location. Don't miss this chance to acquire a valuable commercial asset in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD
Total area 1,820 SF
Lot 0.06 ac (2,400 SF)
APN 11-02-36-400-318.000-002
UPID US31-1375616
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
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by Request
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Comparable Approach Comparable
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Owner & transaction history
RYAN LONG
RYAN LONG
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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