Property profile

822 Main St Jamestown, IN 46147

OFF-MARKET
Retail space
Property ID
US31-1697609
4,800 SF 0.45 ac lot Built 1948
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

The property at 822 E Main Street, Jamestown, Indiana is a commercial, two-level building totaling approximately 4,800 SF, situated on an approximately 0.45-acre site with a large asphalt parking lot. The main level includes approximately 2,400 SF with two entrances and two restrooms. A full basement level also provides approximately 2,400 SF with two entrances and two additional restrooms, supporting separate or shared use of the levels. The building includes an accessible handicap ramp. Mechanically, it features dual HVAC systems with two gas furnaces, baseboard heat, two central air-conditioning units, a gas water heater, and a noted 200-amp electrical service, along with a basement sump pump. The interior configuration—with multiple access points, restroom facilities on both levels, and separate floor usage potential—can accommodate a range of commercial uses such as office, retail, or restaurant use, subject to applicable permitting and code requirements.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Construction WOOD
Total area 4,800 SF
Lot 0.45 ac (19,471 SF)
Zoning code ZO01
APN 06-01-10-000-001.038-010
UPID US31-1697609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

822 Main St Jamestown, IN 46147
Jamestown metro Census 810700 INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2021
Price N/A

Zoning & alternative use

ZO01 · Jamestown, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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