609 L St Richmond, IN 47374-1852
- Retail space
- 1,152 SF
- 3.88 lot acres
Current Use by Public Records
- Ivan Foust Landscaping / Garden Center
Property Details for 609 L St
- Year built
- 1997
- Construction
- WOOD
- Lot size
- 3.88 lot acres
- Property size
- 1,152 SF
- Property type
- Retail space
- APN
- 89-16-31-220-106.000-030
- APU
- 891631220106000030
Description
This exceptional Richmond, Indiana commercial property presents a unique investment opportunity. Zoned C4, it offers 2,944 square feet of versatile space on a nearly 4-acre lot, previously used as a thriving nursery and landscaping business for over 25 years. The property includes a 1,152 sq ft retail building with a covered porch, office, handicap-accessible bathroom, central air, and a security system. A 2012-built 55x32 pole barn features concrete floors, fluorescent lighting, and two overhead doors. Two greenhouses (one heated), two lath houses, and ample fenced outdoor space with three exterior water faucets provide extensive potential. The high-traffic location and existing infrastructure offer numerous possibilities for various businesses, from retail to light industrial uses. The property's extensive outdoor area provides ample parking and storage. This is a rare opportunity to acquire a well-established, versatile commercial property in a prime location. The property's history as a successful landscaping business demonstrates its suitability for similar ventures, but its zoning and layout allow for a wide range of alternative uses. The existing structures are well-maintained and offer immediate functionality, minimizing upfront investment needs.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Wayne
- State
- Indiana
- Longitude
- -84.911
- Latitude
- 39.8428
- CBSA code
- 39980
- CBSA name
- RICHMOND, IN MICROPOLITAN STATISTICAL AREA
