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Property profile & analytics
OFF-MARKET
Retail space

845 State Rd 145 Eckerty, IN 47116-9420

1,992 SF 0.64 ac lot Built 2010
Individually Owned Free & Clear
Property ID
US31-1434873
Property summary
AI-generated overview

This exceptional multi-use property, located at 845 N State Road 145 in Eckerty, Indiana, presents a unique investment opportunity. Situated on a 1.67-acre lot, the property boasts a diverse range of structures, offering significant income potential or the flexibility to combine residential and commercial uses. The main feature is a 2000+ square foot retail space, built in 2010, featuring a convenient loading area and attractive wood exterior. This space offers highway frontage on State Road 145 and could easily be converted into additional residential space, as it already includes a half-bathroom plumbed for a shower. Also included is a 1216 square foot single-wide home with three bedrooms and two full bathrooms. Adding to the property's versatility is an efficiency apartment with its own bathroom and living quarters, perfect for rental income or guest accommodations. A substantial 40x42 pole barn and an 18x21 shed provide ample storage or workshop space. The property's proximity to Patoka Lake further enhances its appeal, opening possibilities for boat storage, event space, or other recreational-related businesses. The seller is open to considering lease options or a contract with a substantial down payment. This property offers a rare blend of residential comfort and significant commercial potential, making it an ideal investment for a discerning buyer.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Construction WOOD
Total area 1,992 SF
Lot 0.64 ac (27,704 SF)
APN 13-05-15-102-001.000-009
UPID US31-1434873
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
SEAN SCALES
SEAN SCALES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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