8126 Wicker Ave Saint John, IN 46373-8875
This 7,944-square-foot storefront at 8126 Wicker Avenue in Saint John, Indiana, presents a remarkable investment opportunity. Located on a busy street, this 1-story, 1948-built building sits on a 1.12-acre lot and offers significant potential for various business ventures. Currently configured as a produce depot, the property boasts two kitchens, three bathrooms, and multiple exits, allowing for flexible layouts and potentially multiple businesses within the single space. Large garage doors on both sides provide convenient loading and unloading, or the possibility of a drive-through setup. The almost 8,000 square feet of finished space, plus additional basement storage, offers ample room for expansion or customization. The property's prime location ensures high visibility and consistent customer traffic. Further development potential exists with the possibility of constructing an additional building on the expansive lot. Priced at $999,999 ($125.88/sq ft), this property offers a compelling return on investment for both established and aspiring entrepreneurs. The property is zoned for retail use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.