1530 9Th StRichmond, IN 47374

Property Details for 1530 9Th St

Year built

1963

Construction

WOOD

Lot size

0.86 AC

Property size (Sq ft)

15,096 SF

Zone code

ZO01

Property type

Retail properties

Property subtype

Retail space

APN

89-18-08-240-109.000-030

APU

891808240109000030

Description

This exceptional 3,750 square foot creative office space, located at 1530 S. 9th St. in Richmond, Indiana, presents a unique opportunity. Situated in Wayne County, this single-tenant property, built in 1963, offers a versatile layout ideal for a variety of businesses. The space boasts six private offices, providing ample room for individual work or team collaboration. A convenient kitchenette and two bathrooms add to the functionality and comfort. Significant showroom space is also available, perfect for showcasing products or services. The property is classified as Retail, Office, and Special Purpose, reflecting its adaptability. The current owner is open to negotiating build-out contributions for suitable lease terms and conditions. This property is a rare find, combining character with modern functionality in a prime south-side Richmond location. The 3,750 square foot area provides substantial space for growth and expansion. This is an excellent opportunity for a business seeking a unique and well-appointed office environment. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,760,716

  6.5%

  $2,548,354

  7%

  $2,366,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,724,426

  Geo Method

  $4,724,426

• Alternative Use

  Use

  Valuation

  Residential

  $2,149,632

  Hospitality

  $1,969,051

  Educational

  $1,638,227

  Medical

  $1,694,568

  Retail

  $2,548,354

Location Insight

City

Richmond

County

Wayne

State

Indiana

Latitude

39.8089

Longitude

-84.8903

CBSA code

39980

CBSA name

RICHMOND, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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