900 S A St Richmond, IN 47374
For Sale
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This exceptional mixed-use property, located at 900 North A Street in Richmond, Indiana, presents a rare investment opportunity. Situated on approximately 0.39 acres at a high-traffic intersection, this 2,859 square foot building boasts a prime location in downtown Richmond, just minutes from I-70, Reid Health, and other significant commercial businesses. The single-story building, constructed in 1950 and renovated in 2000, currently operates as a thriving auto shop and convenience store, enjoying 100% occupancy. The property features four dock-high doors, ideal for efficient loading and unloading, and a spacious 12-foot ceiling height. Ample parking is available with 25 spaces. This corner lot benefits from two stoplights at the intersection of Chester Boulevard and North A Street (US 40), ensuring high visibility and accessibility. The current owner is not selling the business and will relocate upon sale, providing a clean slate for the new owner. This unique property offers a blend of established income and significant redevelopment potential, making it an exceptional addition to any investment portfolio. The property's size and location make it an ideal candidate for a variety of uses, capitalizing on the high traffic volume and strategic location within Richmond. The asking price is $499,000.
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Newton's Auto Services Auto Repair Shop
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VNA Health Trends Home Health Care Service
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Richmond, INRichmond. Always verify with local authorities before improvements.
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.