111 W Market St
Retail-Commercial
for Sale
| Catylist Listing ID: |
30719179 |
| Property Subtypes: |
Restaurant, Other
|
| Building Size (RSF): |
1,620 SF
|
| Gross Land Area: |
0.04 Acres
|
| Sale Price: |
$140,000 |
| Unit Price: |
$86.42 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Business |
| Usable Size (USF): |
1,620 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/14/2023 |
Overview / Comments
Downtown business building with two store fronts, one space Approximately 1242 sq ft (46x27) former restaurant and space 2, approximately 378 sq ft (14x27) is jewelry store(tenant for over 30 years). There is some restaurant equipment that is included, jewelry store tenants personal items not included.
Can show restaurant space anytime, jewelry store only during business hours.
Jewelry store lease $175 monthly
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$1,910 (Annual) |
| Tax Value Land |
$8,200 |
| Tax Value Improvements |
$47,500 |
| Assessed Value - Total($) |
$55,700 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$1,991 (Annual) |
| Tax Value Land |
$8,200 |
| Tax Value Improvements |
$48,000 |
| Assessed Value - Total($) |
$56,200 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$1,461 (Annual) |
| Tax Value Land |
$10,500 |
| Tax Value Improvements |
$38,200 |
| Assessed Value - Total($) |
$48,700 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$1,386 (Annual) |
| Tax Value Land |
$10,100 |
| Tax Value Improvements |
$36,100 |
| Assessed Value - Total($) |
$46,200 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$1,224 (Annual) |
| Tax Value Land |
$10,100 |
| Tax Value Improvements |
$30,700 |
| Assessed Value - Total($) |
$40,800 (Annual) |
Additional Details
| Nearest MSA: |
Crawfordsville |
| County: |
Montgomery |
| Tax ID/APN: |
54-17-32-332-002.000-030 |
| Zoning: |
B-3 |
| Retail Clientele: |
Business |
| Property Located Between: |
Just west of busiest intersection in the county Market & Washington |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Market Street (US Highway 136) |
| Feet of Frontage: |
60 |
| Traffic/Vehicle Count: |
12,375 |
| Highway Access: |
US 136 (Market Street) |
| Airports: |
Indianapolis International - 45 Miles, Lafayette Regional - 35 Miles, Crawfordsville - 5 Mil;es |
| Area Description: |
Located 1/2 block from busiest intersection in county. Area businesses include: CVS, Walgreens, County Court House, local Restaurants & Businesses in downtown Crawfordsville |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1900 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick, Stucco |
| Parking Description: |
On street parking |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Fiber Optic |
| Zoning Description: |
B-3 |
| Lot Frontage: |
60 |
| Lot Depth: |
28 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
| Legal Description: |
PT LOT 69 CRAWFORDSVILLE O P |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,470 |
15,867 |
21,577 |
| Median Age: |
32.45 |
36.83 |
38.44 |
| Households: |
1,941 |
6,310 |
8,604 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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