For Sale
$800,000

930 Main St Boonville, IN 47601

High-yield retail center, prime location.

Overview

Added:
Feb 11
Days on market:
76
This exceptional value-add opportunity presents a 24,178 square foot shopping center situated on a 2.32-acre lot at the strategic intersection of SR 62 and SR 61 in Boonville, Indiana. Built in 1987, this single-story building is zoned C-2, offering significant potential for increased income. Currently, the center boasts a mix of tenants, many of whom are long-term occupants expressing a desire to remain. One vacancy exists, presenting an immediate opportunity to boost revenue. Recent capital improvements by the seller include parking lot sealing and striping, roof repairs, and new HVAC installations, minimizing immediate maintenance needs. The property's location outside the main Boonville square places it in the heart of the town's retail activity. This presents a compelling investment prospect for both seasoned and emerging investors seeking strong returns. Detailed financial information and the current rent roll are available upon execution of a non-disclosure agreement. This is a rare chance to acquire a well-maintained, high-traffic retail center with immediate upside potential in a thriving Indiana community.

Highlights

  • Asking Price: $800,000
  • 24,178 SF Retail Shopping Center in Boonville, IN
  • Value-Add Investment Opportunity with One Vacancy
  • Located at the Corner of SR 62 & SR 61, offering high visibility
  • Recent Capital Improvements including Parking Lot Sealing, Roof Work, and HVAC Installations.

Property Details for 930 Main St

Property type
Lifestyle centers, Power centers
Square Feet
24,178 SF
Year Built
1987
Buildings
1
Stories
1
Lot Size (sq. ft)
101,059 SF

Location Insight

City
Boonville
County
Warrick
State
Indiana
Latitude
38.046386357933
Longitude
-87.28679193611

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, prime location.
Where is the lifestyle center located?
The property is located at 930 Main St Boonville, IN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Asking Price: $800,000; 24,178 SF Retail Shopping Center in Boonville, IN; Value-Add Investment Opportunity with One Vacancy
How can I contact the broker?
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930 Main St
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