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Property profile & analytics
OFF-MARKET
Warehouses

907 Vincennes Ave Petersburg, IN 47567-1027

2,976 SF 0.26 ac lot Built 1967
Individually Owned Absentee Owner Free & Clear
Property ID
US31-1821731
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Construction WOOD
Total area 2,976 SF
Lot 0.26 ac (11,346 SF)
APN 63-02-22-407-003.000-012
UPID US31-1821731
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
RICHY COAN
RICHY COAN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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