905 Market St, Charlestown, IN 47111

This exceptional commercial property, located at 905 Market Street in Charlestown, Indiana, presents a lucrative investment opportunity. The 1,334 square foot building (46ft x 29ft) sits on a 0.19-acre lot in a high-traffic area, boasting a daily traffic count of 15,855 vehicles. Its prime location is just one building from a traffic light and directly across the street from a Dollar General, ensuring excellent visibility and accessibility. The property currently generates a strong 8% cap rate with a monthly rent of $1986 under a NNN lease. However, the current tenant plans to vacate in 2022, opening up possibilities for new lease agreements or owner-occupancy. The building includes walk-in coolers and exhaust ducts, while the HVAC system (excluding hood and sinks) remains in place. Landlord responsibilities include structural repairs, exterior utilities, and roof repairs exceeding $2,000 annually. The property is situated in a flood zone