600 Main StRichmond, IN 47374

This exceptional Class A office building, located at 600 E Main St in Richmond, Indiana (47374), presents a compelling investment opportunity. Boasting 34,096 square feet across four stories, this meticulously maintained property underwent a complete renovation in 2023, featuring new elevators, carpeting, and fresh paint throughout. The building is currently vacant, offering immediate occupancy for an owner/user or the potential for leasing to credit-rated tenants. With a net lease structure and a compelling asking price of $1,400,000 ($41.06/sq ft), this property offers a strong 12.75% cap rate. Constructed in 1924 and situated in a revitalizing downtown area, this strategically located asset benefits from a planned revitalization grant, including the construction of new apartments directly across the street. The property is zoned C1 and offers significant potential for growth within a thriving community. This is a rare chance to acquire a turnkey, energy-efficient office building in a rapidly developing downtown location.