732 Michigan St New Carlisle, IN 46552-9601
This exceptional 3,702 square foot Class A creative office space is ideally located at 732 West Michigan Street in New Carlisle, Indiana, zip code 46552. The property is a single-tenant building suitable for a variety of uses, including retail, office, or restaurant operations. Recent renovations include a new HVAC system, a new commercial parking lot, new landscaping, new sidewalks, and a new waterline service. The interior boasts a newly renovated kitchen and fresh interior paint. The building features high ceilings and offers ample space for various business needs. The property's versatile design and prime location make it an attractive opportunity for businesses seeking a modern and functional workspace. The building's recent upgrades ensure efficient and comfortable operation. This is a single-tenant occupancy property, offering a unique opportunity for a business to establish a strong presence in a desirable location. The property's combination of modern amenities and classic architectural details creates a unique and appealing environment. The new commercial parking lot provides convenient parking for employees and clients. The updated infrastructure ensures reliable and efficient building operations. This property presents a rare opportunity to acquire a well-maintained and upgraded commercial space in a thriving community.
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.