127 W Market St

Retail-Commercial for Sale
Catylist Listing ID: 30719184
Property Subtypes: Restaurant, Other
Building Size (RSF): 1,131 SF
Gross Land Area: 0.11 Acres
Sale Price: $155,000
Unit Price: $137.05 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/25/2023

Overview / Comments

Commercial building with corner location with on-site parking, high visibility & traffic location. Currently leased as Pizza restaurant & carry-out. Building for sale but pizza business, equipment including signage is not included. Walk-in cooler and Hood system is included. Frontage: 58 Ft Market & 83 Ft Walnut Call for lease/income information

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $1,643 (Annual)
Tax Value Land $18,000
Tax Value Improvements $29,900
Assessed Value - Total($) $47,900 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $1,771 (Annual)
Tax Value Land $18,000
Tax Value Improvements $32,000
Assessed Value - Total($) $50,000 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $1,722 (Annual)
Tax Value Land $23,100
Tax Value Improvements $34,300
Assessed Value - Total($) $57,400 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $1,650 (Annual)
Tax Value Land $22,100
Tax Value Improvements $32,900
Assessed Value - Total($) $55,000 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $2,448 (Annual)
Tax Value Land $22,100
Tax Value Improvements $59,500
Assessed Value - Total($) $81,600 (Annual)

Additional Details

Nearest MSA: Crawfordsville
County: Montgomery
Tax ID/APN: 54-17-32-332-005.000-030
Zoning: B-3
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: Market Street (US Highway 136)
Feet of Frontage: 141
Traffic/Vehicle Count: 12,375
Highway Access: US Highway 136 (Market Street)
Airports: Indianapolis International - 45 Miles, Lafayette Regional - 35 Miles, Crawfordsville - 5 Miles
Site Description: Corner lot of Market Street (US 136) and Walnut Street
Area Description: One block west of busiest intersection in county, area businesses include: CVS, Walgreens, Auto parts store, Auto repair & tire store, restaurants, county court house
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1954
Roof Type: Mansard
Construction/Siding: Block, Vinyl Siding
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: Concrete/Paved
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Fiber Optic
Interior Description: Currently Pizza Restraint, mainly pick-up/delivery with small dining area
Zoning Description: B-3
Lot Frontage: 65
Lot Depth: 83
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: PT LOT 51 CRAWFORDSVILLE O P

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,303 15,867 21,577
Median Age: 33.94 36.83 38.44
Households: 2,303 6,310 8,604
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