505 9Th St Goshen, IN 46528
This unique Goshen, Indiana property offers a compelling investment opportunity. Located at 505 S 9th Street, this mixed-use building combines a 1,360 square foot, early 1900s single-family home with an attached 5,000 square foot warehouse on a 9,148 square foot lot. Currently utilized as a warehouse with one month-to-month tenant (no formal lease), the property boasts a rich history, previously operating as a printing shop. The front portion, subject to zoning and building department verification, could be converted back into a 1.5-story residential space, ideal for live/work arrangements. The warehouse features an 8' overhead door, 9' ceilings, two compressors with air lines, and extensive built-in storage. Additional features include a darkroom with photographic equipment, a kitchen, and a bathroom. The property's versatility allows for various uses, including offices, art studios, or continued warehouse operation. Priced at $349,000, this property presents a rare chance to acquire a substantial mixed-use building in a desirable location. The current pictures are soon to be uploaded.
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Plank's Printing Services Inc Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.