For Sale
$1,800,000

Main St Mitchell, IN 47446

Prime Mitchell Location, High-Yield Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a thriving three-unit shopping center strategically located on W Main Street in Mitchell, Indiana. The property sits on a generous two-acre lot and boasts a total of approximately 12,000 square feet of commercial space. Currently, two spaces are occupied by established and successful businesses: Dollar General and Sunshine Therapy. This provides a stable income stream and demonstrates the property's strong tenant appeal. The significant draw is the availability of a large vacant space, formerly a grocery store, offering substantial potential for expansion or leasing to a new tenant. This presents a unique opportunity to increase the property's value and rental income significantly. The asking price for this well-positioned, income-generating property is $1,800,000. The property's location on W Main Street ensures high visibility and accessibility, making it an attractive destination for both existing and prospective tenants. Given the current occupancy and the potential for future growth, this shopping center represents a compelling investment opportunity with strong returns. The substantial size of the vacant space allows for flexibility in tenant selection and lease terms, catering to a wide range of businesses. Serious inquiries are encouraged to explore this promising investment further. Detailed financial information and lease agreements are available upon request.

Property Details for Main St

Property type
Commercial real estate
Year Built
1972
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Mitchell
County
Lawrence
State
Indiana
Latitude
38.73454
Longitude
-86.46629

FAQs

What type of property is this?
Commercial real estate - Prime Mitchell Location, High-Yield Potential
Where is the commercial real estate located?
The property is located at Main St Mitchell, IN.
What is the asking price?
The asking price for this property is $1,800,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message