Log In/Sign Up
Your email has been sent.
201 Main St 5,200 SF Retail Building Beech Grove, IN 46107 $627,795 CAD ($120.73 CAD/SF) 8% Cap Rate
Executive Summary
Prime mixed-use commercial property located on a highly visible corner in downtown Beech Grove's Main Street district. The main level features commercial storefront/office space with excellent exposure, pedestrian traffic, and flexible business potential. Upstairs, you'll find two separate residential apartments, both currently occupied by long-term, happy tenants, providing immediate rental income. This combination of commercial and residential space offers a great opportunity for investors seeking diversified cash flow in a growing community. Conveniently located near local restaurants, shops, and other downtown amenities, this property offers strong visibility, steady income potential, and room for future appreciation.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
5,200 SF
Building Class
C
Year Built
1975
Price
$627,795 CAD
Price Per SF
$120.73 CAD
Cap Rate
8%
NOI
$50,224 CAD
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.71
Lot Size
0.07 AC
Zoning
C-4
Parking
4 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-10-28-138-052.000-502 | Improvements Assessment | $203,808 CAD |
| Land Assessment | $18,170 CAD | Total Assessment | $221,978 CAD |
Property Taxes
Parcel Number
49-10-28-138-052.000-502
Land Assessment
$18,170 CAD
Improvements Assessment
$203,808 CAD
Total Assessment
$221,978 CAD
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
201 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.