907 Vincennes Ave Petersburg, IN 47567-1027
This exceptional commercial property, located at 907 N Vincennes Avenue in Petersburg, Indiana, presents a unique opportunity for a diverse range of businesses. Situated on a 0.06-acre lot, the building offers substantial space previously utilized as an HVAC company and, prior to that, a mechanics shop. Its adaptable layout includes three spacious bays, perfect for equipment storage, repair work, or manufacturing. The interior features a large reception area, providing a welcoming space for clients and customers. Three individual offices offer private workspaces for administrative staff or management. Employee amenities are well-considered, with a dedicated area for lockers and a convenient shower. A comfortable break room provides a space for employees to relax and recharge. The building's history demonstrates its suitability for a variety of commercial applications, making it an attractive investment for entrepreneurs and established businesses alike. The asking price is $175,000. The square footage is not currently available. This property offers significant potential for a savvy investor seeking a versatile and well-equipped commercial space in a convenient Petersburg location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.