326 Main StPlainfield, IN 46168

Property Details for 326 Main St

Year built

1960

Construction

WOOD

Lot size

0.36 AC

Property size (Sq ft)

1,856 SF

Property type

Retail properties

Property subtype

Auto shops

APN

32-10-34-220-019.000-012

APU

321034220019000012

Description

This exceptional commercial property, located at 326 W Main Street in the heart of Plainfield's bustling business district, offers a unique investment opportunity. The property boasts a substantial 1,856 square feet of space, ideal for a variety of commercial ventures. Its prime location ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The 0.36-acre lot provides ample space for potential expansion or outdoor amenities, depending on the intended use. The asking price is $1,895,000. This presents a rare chance to acquire a well-situated commercial property in a thriving Indiana community. The property's strategic positioning within the business district offers unparalleled access to a diverse customer base and strong potential for growth. Given its size and location, this property is suitable for a wide range of commercial uses, making it an attractive investment for discerning buyers seeking a foothold in a dynamic market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $336,551

  6.5%

  $310,662

  7%

  $288,472

• Comparable approach

  Method

  Valuation

  Relative Method

  $402,606

  Geo Method

  $402,606

• Alternative Use

  Use

  Valuation

  Residential

  $262,055

  Hospitality

  $240,041

  Educational

  $199,711

  Medical

  $206,580

  Retail

  $310,662

Location Insight

City

Plainfield

County

Hendricks

State

Indiana

Latitude

39.7025

Longitude

-86.4049

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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