101 W Main St
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101 W Main St
2,986 SF 100% Leased Retail Building Syracuse, IN 46567 $249,900 ($84/SF) 8.64% Cap Rate
Investment Highlights
- Opportunity for two streams of income.
- Three-bedroom apartment on the 2nd floor.
- Retail restaurant space on the 1st floor.
- Excellent corner location.
Executive Summary
Retail/Restaurant property available for sale. Some improvements will remain with the property. There is a three-bedroom apartment spanning the entire 2nd floor.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,986 SF
Building Class
C
Year Built/Renovated
1989/2024
Price
$249,900
Price Per SF
$84
Cap Rate
8.64%
NOI
$21,592
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.18
Lot Size
0.06 AC
Zoning
GB - General Business
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 43-04-06-200-276.000-026 | Improvements Assessment | $99,400 |
Land Assessment | $20,000 | Total Assessment | $119,400 |
PROPERTY TAXES
Parcel Number
43-04-06-200-276.000-026
Land Assessment
$20,000
Improvements Assessment
$99,400
Total Assessment
$119,400
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101 W Main St
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