$ 250,000
305 S Main ST Sheridan, IN 46069
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Listed by Mabel Liu • MYL Realty, LLC
$ 250,000
Est. payment | /mo
4,400 SqFt
$ 250,000
Est. payment | /mo
4,400 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $56
MLS Listing ID 21989015
Year Built 1900
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Mix used free standing commercial property at the center location of Sheridan Downtown: a successful restaurant on the main floor and two apartments upstairs. Cashflow , great investment opportunity, Sold as it is. 7% return on purchase price, 20% vacant (one of the apartment is vacant ), the rent for the restaurant is below market rate. Potential 10% plus return
Location
State IN
County Hamilton
Zoning C
Interior
Heating Forced Air
Fireplace N
Exterior
Utilities Available Electricity Connected, Gas Nearby, Water Connected
Parking Type Street Only, Other
Building
Story 2
New Construction false
Schools
Elementary Schools Sheridan Elementary School
Middle Schools Sheridan Middle School
High Schools Sheridan High School
School District Sheridan Community Schools
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Denise Wilson
REALTOR® | Lic# RB14030234
8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA