101 W Main Cross Street

Retail-Commercial for Sale
Catylist Listing ID: 30049458
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Sale Price: $89,000
Unit Price: $8.90 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Thompson Building
Sale Terms: Cash to Seller
Cap Rate: 8.1%
Last Updated: 11/19/2017

Overview / Comments

Now available for sale by Indiana Landmarks is a 10,000 sq.ft. building on a main intersection in downtown Edinburgh, Indiana. The exterior of the building has been restored: new roof, repaired and freshly painted masonry and restored original windows.

Two retail spaces are available on the main level featuring hard wood floors, large display windows and an open floor plan. The two upper levels are ready for your creativity. These levels could be redeveloped into office or a multi-family project. Due to the building's National Register status, historic tax credits for renovation could be available.

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Johnson
Tax ID/APN: 41-12-34-032-093.001-002
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 3,333 SF
Year Built: 1854
Year Renovated: 2016

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,935 7,450 14,508
Median Age: 36.9 38.7 37.79
Households: 1,526 2,856 5,301
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