For Sale
$499,000

11 7Th St Richmond, IN 47374

Downtown Bank & Parking - $499,000

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a vacant, single-story, 480-square-foot retail building situated at 11 N 7th St, Richmond, IN 47374, within Wayne County. The property, renovated in 2010, functions as a three-bay drive-up bank facility, uniquely complemented by 38 prime parking spaces in a highly desirable downtown location. The building's asking price is $499,000, translating to $1,039.58 per square foot. Currently vacant, this property is offered with a NNN lease type, presenting a blank canvas for a variety of potential uses. The building's convenient location and ample parking make it an attractive proposition for businesses seeking a high-visibility presence in the heart of Richmond. The property's unique combination of a drive-up bank and extensive parking provides significant potential for future income generation. This is a rare opportunity to acquire a well-maintained, strategically located commercial property with substantial upside potential. The property's size and layout offer flexibility for adaptive reuse, catering to a range of commercial ventures. Serious inquiries are encouraged to explore the possibilities of this unique downtown Richmond offering.

Highlights

  • Prime downtown location with 38 parking spaces and a three-bay drive-up bank facility.
  • Excellent investment opportunity combining parking and a drive-up bank facility.
  • Convenient downtown location.

Property Details for 11 7Th St

Property type
Retail properties, Banks
Square Feet
480 SF
Year Renovated
2010
Stories
1

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.8294569
Longitude
-84.8925158

FAQs

What type of property is this?
Retail property - Downtown Bank & Parking - $499,000
Where is the retail property located?
The property is located at 11 7Th St Richmond, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime downtown location with 38 parking spaces and a three-bay drive-up bank facility.; Excellent investment opportunity combining parking and a drive-up bank facility.; Convenient downtown location.
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?
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11 7Th St
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