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Property profile & analytics
OFF-MARKET
Office Spaces

6040 Main NE St Crandall, IN 47114-9449

1,111 SF 0.07 ac lot Built 1966
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1930331
Property summary
AI-generated overview

This exceptional commercial property at 6040 Main Street, Crandall, Indiana, presents a unique opportunity for entrepreneurs and established businesses alike. Boasting over 1100 square feet of single-level space, this Bedford Stone building is ideally suited for a variety of uses, including insurance, real estate, financial services, or tax preparation offices. Its convenient location offers easy access to the interstate and Louisville, ensuring high visibility and accessibility for clients. Recent upgrades include a new HVAC system (2021), freshly painted interior, new windows and carpeting, a new hot water heater, and a functioning vault – adding significant value and convenience. The property also features a spacious, sealed, and striped parking lot with ample parking spaces, including handicap-accessible spots. High-speed internet access via Spectrum is readily available. The property is zoned B-1, ensuring flexibility for various business types. A significant advantage is the inclusion of two parcels in the sale price: one containing the building and another encompassing the parking lot. A storage room and an LP gas tank are also included. The building's previous use as a bank speaks to its structural integrity and suitability for professional office space. Immediate possession is available, and the seller is open to considering contract sales with agreeable terms. This is a truly turnkey opportunity to establish or relocate your business in a prime location.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1966
Construction WOOD
Total area 1,111 SF
Lot 0.07 ac (2,997 SF)
APN 31-06-34-376-052.000-012
UPID US31-1930331
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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Comparable Approach Comparable
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Owner & transaction history
ZURSCHMIEDE LEASE & LENDING LLC
ZURSCHMIEDE LEASE & LENDING LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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