408 Commerce RdRichmond, IN 47374

Property Details for 408 Commerce Rd

Lot size

2.10 AC

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 2.1-acre retail property in Richmond, Indiana, presents a unique investment opportunity. Ideally situated seconds from the intersection of I-70 and US 40 in the thriving Eastside area, this property offers unparalleled access and visibility. The site comprises two combined parcels and includes two existing buildings: a substantial 5,820 square-foot steel warehouse featuring a metal roof and an oversized door, and an adjacent 336 square-foot structure. Currently vacant, this property is perfect for a variety of uses, including QSR/fast food, shopping center, or storefront development. The flexible nature of the site allows for build-to-suit options, catering to specific tenant requirements. The asking price is $600,000, and the property is offered with a NNN lease type. This location provides excellent potential for high traffic and strong returns, making it an attractive investment for both developers and end-users. The property's strategic location near major highways ensures easy access for customers and employees, maximizing its commercial viability. This is a rare chance to acquire a significant parcel of land in a high-demand area with considerable development potential.

Location Insight

City

Richmond

County

Wayne

State

Indiana

Latitude

39.8344

Longitude

-84.8244

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