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105 S Forest Ave 8,640 SF Retail Building Brazil, IN 47834 $695,000 ($80.44/SF) 6.86% Cap Rate

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Investment Highlights

  • Stoplight location

Executive Summary

For Sale or Lease: Prime commercial opportunity on a high-visibility corner lot along US Hwy 59 in downtown Brazil, IN with a daily traffic count of 8,994 vehicles. This 8,640 SF building offers excellent potential for a wide variety of business uses. The property features 29 parking spaces, a roof that is just 2 years old with a 15-year warranty, providing peace of mind for years to come. Inside, you’ll find 12' high ceilings, two restrooms, and one office space for administrative or private use. The building is equipped with three double-door entrances, allowing for versatile access and customer flow. Additional highlights include a lighted parking lot for convenience and security, a fenced and enclosed covered concrete patio on the south side perfect for additional storage, and a camera security system that will convey to the buyer. Located at 105 S Forest Ave, Brazil, IN, this property combines size, functionality, and prime exposure, making it an exceptional investment for retail, warehouse, or service-oriented businesses.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,640 SF
Building Class
C
Year Built
1978
Price
$695,000
Price Per SF
$80.44
Cap Rate
6.86%
NOI
$47,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.74 AC
Zoning
GB - General Business
Frontage
106’ on South Forest Avenue

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,640 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 8,640 SF Retail - Now

1st Floor

Size
8,640 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 8,640 SF
Space Use Retail
Position -
Available Now

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

IGA
Kroger
Fifth Third Bank
Anytime Fitness
The YMCA
Wings Etc

Property Taxes

Property Taxes

Parcel Number
11-02-36-400-269.000-002
Land Assessment
$34,700
Improvements Assessment
$320,400
Total Assessment
$355,100
  • Listing ID: 38256450

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: 105 S Forest Ave, Brazil, IN 47834

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