650 Birk Rd Martinsville, IN 46151-6534
This exceptional retail property, formerly a Steak 'n Shake, presents a unique opportunity for lease in the thriving city of Martinsville, Indiana. Located at 650 Birk Rd, this single-tenant building offers a generous 4,265 square feet of vacant space, ready for immediate occupancy. The property sits on a one-acre lot, providing ample space for customer parking and potential future expansion. The building's previous use as a restaurant suggests a layout well-suited for food service or similar businesses, though it is adaptable to a variety of retail concepts. Its convenient location in Morgan County, Indiana, ensures high visibility and accessibility for customers. The property's address is 650 Birk Rd, Martinsville, IN 46151. The building is classified as retail commercial real estate and is currently entirely vacant, presenting a blank canvas for a new business venture. This is an excellent opportunity to establish a presence in a dynamic market. The property's size and location make it an attractive option for businesses seeking a prominent storefront in a well-established area. All utilities are available at the site. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.
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
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Property description
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Costs & Benchmarks
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Risks
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