1112 S 5th St
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1112 S 5th St
2,496 SF 100% Leased Retail Building Richmond, IN 47374 $250,000 ($100/SF)
Investment Highlights
- Corner of high traffic intersection
Executive Summary
Great opportunity to grow your investment portfolio or purchase a new location for your business that makes you money! Current owner has fully renovated this property converting it into a 3-unit commercial property. All units besides one are currently rented leaving one available for the new owner.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,496 SF
Building Class
B
Year Built/Renovated
1951/2024
Price
$250,000
Price Per SF
$100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.29
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
C-1 - Mix use commercial
Frontage
97 FT on South 5th
Amenities
- Corner Lot
- Property Manager on Site
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 89-18-05-430-602.000-030 | Improvements Assessment | $27,600 |
| Land Assessment | $12,200 | Total Assessment | $39,800 |
PROPERTY TAXES
Parcel Number
89-18-05-430-602.000-030
Land Assessment
$12,200
Improvements Assessment
$27,600
Total Assessment
$39,800
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1112 S 5th St
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