8182 Main St Dugger, IN 47848-8087
This exceptional commercial property located at 8182 E Main Street in the heart of Dugger, Indiana, presents a unique investment opportunity. Situated on a 0.07-acre lot, the building boasts a main floor previously used as a post office, offering approximately [Square footage not provided] of adaptable space. Its prime downtown location and large, attractive front windows ensure high visibility, making it perfect for a variety of retail or office uses. Alternatively, the main floor could be converted into additional apartment units, expanding rental income potential. Upstairs, a spacious two-bedroom, two-bathroom apartment provides immediate rental income. This apartment could also be easily divided into two one-bedroom units, further increasing revenue streams. Convenient off-street parking is available behind the building. The property is offered at $69,900, and seller financing may be available to assist with purchase and any necessary renovations. This is a rare opportunity to acquire a versatile commercial property with significant upside potential in a desirable location. The building's history and adaptable layout offer a unique blend of character and modern possibilities, making it an attractive investment for both seasoned and first-time commercial property owners. Don't miss this chance to own a piece of Dugger's vibrant downtown.
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
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.