525 National AveBrazil, IN 47834

Property Details for 525 National Ave

Year built

1950

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

2,430 SF

Property type

Commercial real estate

APN

11-01-31-300-080.000-002

APU

110131300080000002

Description

This exceptional 2,430 square foot retail space at 525 E National Avenue in downtown Brazil, Indiana, presents a unique investment opportunity. Formerly known as A & B Farmhouse, this iconic corner building boasts a striking wall mural and has undergone extensive renovations in 2020. Improvements include upgraded electrical and plumbing systems, a new sewer line, updated lighting, commercial-grade doors, enhanced insulation, two gas furnaces, and two air conditioning units. Exterior enhancements feature tuckpointing and new gutters. The property also includes paved rear parking with two spaces and a newly installed garage door. The building's original 1900s storefront windows have been meticulously restored, adding to its historical charm. The interior offers a versatile open-concept layout. The front 1,260 square feet includes a half-bath and office area. The rear 1,170 square feet, also heated and cooled, features a large 10x12x12 overhead garage door, ideal for loading and unloading. This property sits on a 0.16-acre lot and is conveniently located along Route 40. The combination of historical character, modern updates, and prime location makes this a truly exceptional retail space at an attractive price of $299,000. Don't miss this chance to own a piece of Brazil's vibrant downtown.

• Alternative Use

  Use

  Valuation

  Residential

  $370,261

  Hospitality

  $339,157

  Educational

  $282,174

  Medical

  $291,879

  Retail

  $438,938

Location Insight

City

Brazil

County

Clay

State

Indiana

Latitude

39.5241

Longitude

-87.1219

CBSA code

45460

CBSA name

TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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