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Gray Hotel 2-4-6-8-10 West High Street 12,500 SF Vacant Retail Building Redkey, IN 47373 $2,749,660 CAD ($219.97 CAD/SF) 15.00% Cap Rate
Investment Highlights
- Historic Street Intersection
- 2nd floor is hotel being updated process
- Safe Midwest Neighborhood
Executive Summary
Beautiful and unique Historic Hotel Property.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Building Size
12,500 SF
Building Class
C
Year Built
1912
Price
$2,749,660 CAD
Price Per SF
$219.97 CAD
Cap Rate
15.00%
NOI
$412,449 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.46 AC
Zoning
retail - National Historical Society
Parking
10 Spaces (0.8 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Corner Lot
- Property Manager on Site
- Restaurant
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Two Mamas on Tap
- Accommodation and Food Services
- 2 SF
- $549.49 CAD
- Aug 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Two Mamas on Tap | Accommodation and Food Services | 2 SF | $549.49 CAD | Aug 2030 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 38-09-23-101-057.000-031 | Improvements Assessment | $59,428 CAD |
| Land Assessment | $10,156 CAD | Total Assessment | $69,585 CAD |
Property Taxes
Parcel Number
38-09-23-101-057.000-031
Land Assessment
$10,156 CAD
Improvements Assessment
$59,428 CAD
Total Assessment
$69,585 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Worldwide Financial Solutions
Gray Hotel | 2-4-6-8-10 West High Street
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