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47 E Main St
New Palestine, IN 46163

Office Property For Sale

Investment Highlights

  • High traffic, just 2 blocks from the local high school

Executive Summary

Prime corner property at Main and Bittner in New Palestine! This beautifully restored commercial building offers exceptional visibility and has been recently remodeled, making it turnkey-ready for a walk-in florist or professional office space. The main level features a bright reception area, new laminate flooring, butcher block countertops, built in floral cooler all blending modern updates with preserved character. The second floor boasts a fully renovated 2-bedroom, 1-bath apartment with a separate interior entry, perfect for rental income or on-site living. There is ample parking in the back and a free county parking lot across the street. A prominent location at one of Hancock County's busiest intersections, this mixed-use building is an ideal opportunity for entrepreneurs and investors alike.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,300 SF
Building Class
C
Year Built
1900
Price
$295,000
Price Per SF
$128
Percent Leased
1%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,150 SF
Building FAR
0.95
Lot Size
0.06 AC
Zoning
B2 - Commercial
Parking
4 Spaces (1.74 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-10-29-301-007.000-013
Land Assessment
$25,100
Improvements Assessment
$74,800
Total Assessment
$99,900
  • Listing ID: 33858000

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 47 E Main St, New Palestine, IN 46163

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