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

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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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