651 5Th StRichmond, IN 47374

Property Details for 651 5Th St

Year built

1950

Construction

WOOD

Lot size

0.38 AC

Property size (Sq ft)

3,610 SF

Property type

Retail properties

Property subtype

Retail space

APN

89-16-32-130-410.000-030

APU

891632130410000030

Description

This exceptional commercial property, located at 651 NW 5th Street in Richmond, Indiana, presents a unique investment opportunity. The 0.38-acre lot offers significant potential for a variety of commercial ventures. The existing structure boasts 3,610 square feet of space, providing ample room for development or renovation. Situated in Wayne County, this property benefits from convenient access to key transportation routes and local amenities. The asking price is $195,500, making it an attractive proposition for both established businesses and ambitious entrepreneurs seeking a foothold in a thriving market. The property is classified as special purpose land and is zoned for commercial use. The substantial lot size offers flexibility for future expansion or redevelopment, catering to a wide range of commercial needs. This is a rare opportunity to acquire a well-located commercial property in a growing area, offering significant potential for return on investment. The property's existing structure provides immediate usability, while the ample land allows for future growth and adaptation to evolving business requirements. Serious inquiries are encouraged to explore the possibilities this property offers. The address is easily accessible and visible from a main thoroughfare. This property is ready for its next chapter.

Location Insight

City

Richmond

County

Wayne

State

Indiana

Latitude

39.8368

Longitude

-84.9077

CBSA code

39980

CBSA name

RICHMOND, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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