For Sale
$450,000

406 Commerce Rd Richmond, IN 47374

5,820 SF Vacant Retail Space, I-70 Access

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 5,820-square-foot storefront retail building is ideally situated at 406 Commerce Road in Richmond, Indiana, offering unparalleled access to I-70 and US 40. Built in 1981, this single-story, vacant property sits on a 0.85-acre lot and presents a unique investment opportunity. The building features a net rentable area of 5,820 square feet, priced at $77.32 per square foot, with an asking price of $450,000. The property is offered as a triple net (NNN) lease. Its prime location on Richmond's East Side provides excellent visibility and accessibility. The property's proximity to major highways ensures high traffic volume and convenient access for customers and employees. Furthermore, an adjacent property is available for custom development, allowing for expansion or complementary construction to meet specific business needs. This presents a rare chance to acquire a significant retail space in a high-traffic area with potential for future expansion. The property is currently vacant, providing immediate occupancy for a new tenant or owner-occupier.

Highlights

  • 5,820 SF vacant retail building on 0.85-acre lot in Richmond, IN.
  • Located at 406 Commerce Road, offering excellent I-70 and US 40 access.
  • Single-story building built in 1981, priced at $450,000 ($77.32/SF).
  • Offered as a triple-net (NNN) lease.
  • Adjacent land available for expansion or complementary development.

Property Details for 406 Commerce Rd

Property type
Retail properties, Retail space
Square Feet
5,820 SF
Year Built
1981
Buildings
1
Stories
1
Lot Size (sq. ft)
37,026 SF
Units
1

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.83422604091
Longitude
-84.824341302777

FAQs

What type of property is this?
Retail property - 5,820 SF Vacant Retail Space, I-70 Access
Where is the retail property located?
The property is located at 406 Commerce Rd Richmond, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,820 SF vacant retail building on 0.85-acre lot in Richmond, IN.; Located at 406 Commerce Road, offering excellent I-70 and US 40 access.; Single-story building built in 1981, priced at $450,000 ($77.32/SF).
How can I contact the broker?
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406 Commerce Rd
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