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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



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
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
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| 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 |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 8,640 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-02-36-400-269.000-002 | Improvements Assessment | $320,400 |
| Land Assessment | $34,700 | Total Assessment | $355,100 |
Property Taxes
Parcel Number
11-02-36-400-269.000-002
Land Assessment
$34,700
Improvements Assessment
$320,400
Total Assessment
$355,100
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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105 S Forest Ave
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