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Shotz 217 N Main St

3,280 SF Retail Building Princeton, IN 47670 $330,000 ($101/SF)

Investment Highlights

  • Downtown Princeton
  • Sits on 3 lots

Executive Summary

Fantastic opportunity for this building with a going business included, just off the resurging downtown area of Princeton. Three lots, for an abundance of parking, covered outdoor area for extra seating. Large fenced area for live bands and events. The building consists of over 3,000 square feet on the main level with bar area on one side and the main dining area on the other sde or currently it is an arcade area. Also, includes an upstairs office or apartment.
This property could be sold with building only for $259,000.

Attachments

Report (64)

Financial Summary (Actual - 2022)

Annual Annual Per SF
Taxes $7,415 $2.26
Operating Expenses - -
Total Expenses $7,415 $2.26

Financial Summary (Actual - 2022)

Taxes
Annual $7,415
Annual Per SF $2.26
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $7,415
Annual Per SF $2.26

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,280 SF
Building Class
C
Year Built
1920
Price
$330,000
Price Per SF
$101
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
Central Business

Nearby Major Retailers

German American Bank
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-12-07-104-000.974-028
Land Assessment
$6,600 (2023)
Improvements Assessment
$115,400 (2023)
Total Assessment
$122,000 (2023)
Annual Taxes
$7,415 ($2.26/SF)
Tax Year
2022
  • Listing ID: 29888857

  • Date on Market: 10/26/2023

  • Last Updated:

  • Address: 217 N Main St, Princeton, IN 47670

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