1845 W Main Street

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1845 W Main Street

Richmond, IN 47374
Asking Price
$650K
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 20,304 square feet of total interior space.
  • The building is currently listed with an asking price of $650,000.
  • This special-purpose asset is located in Richmond, Indiana.
  • The site at 1845 W Main Street offers accessibility within the region.
  • Investors can utilize this space for various institutional or commercial purposes.

What's Special

Priced at $650,000, this 20,304 square foot special-purpose facility sits at 1845 W Main Street in Richmond, Indiana. The building provides a functional layout suitable for a range of organizational or commercial operations. Its position within Richmond allows for convenient access to regional transportation corridors and the surrounding business community, which serves as a central hub for this portion of the state. Investors and business owners looking for a customizable footprint will find the site adaptable to specific institutional or industrial needs. The local economy in Richmond features a diverse mix of manufacturing and service-oriented employers, providing a stable foundation for property owners in the area. This asset represents a practical acquisition for those requiring significant square footage in a well-established submarket, offering flexibility for redevelopment or continued use as a specialized operational space.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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