599 State Rte 62 Boonville, IN 47601
This exceptional 0.7-acre commercial property located at 599 W State Route 62, Boonville, IN, presents a unique investment opportunity for discerning entrepreneurs. Priced at $399,900, this versatile building offers a blank canvas for a wide range of business ventures. Imagine establishing your restaurant, office, or retail store in this highly convenient location. The property's adaptability makes it ideal for a variety of uses, allowing you to tailor the space to your specific business needs. The building boasts recently installed modern amenities, including a new mini-split heating and cooling system ensuring year-round comfort. Furthermore, the electrical and plumbing systems have been completely updated, providing peace of mind and operational efficiency. This turnkey solution eliminates the hassle and expense of significant renovations, allowing you to focus on establishing and growing your business. The property's prime location ensures high visibility and accessibility, attracting a steady stream of potential customers. Don't miss this chance to acquire a well-maintained, versatile commercial property in a thriving area. Contact us today to schedule a viewing and explore the possibilities.
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
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.