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115 E King St
Garrett, IN 46738
115 E King St · Retail Property For Sale


Executive Summary
Updated Commercial Space | Prime Downtown Garrett Location
Opportunity awaits at 115 E King Street in Garrett, Indiana! This recently renovated commercial building offers a flexible layout ideal for a variety of business uses, including professional office, retail, boutique, salon, bakery, specialty shop, service business, and more.
The property features dedicated office space, a functional kitchen area, restroom, and separate storage space, providing a practical setup for both customer-facing operations and behind-the-scenes business needs. The building has previously been home to a tax consulting office as well as a pet boutique and bakery, demonstrating its versatility for multiple commercial concepts.
Located just off Garrett's main thoroughfare, the property benefits from a convenient and visible downtown location. Public street parking is available, with an additional city-owned parking lot located directly across the street for added accessibility.
Whether you're an owner-user looking for an affordable place to operate your business or an investor seeking a potential income-producing commercial property, 115 E King Street offers a turnkey opportunity at an attractive price point.
Opportunity awaits at 115 E King Street in Garrett, Indiana! This recently renovated commercial building offers a flexible layout ideal for a variety of business uses, including professional office, retail, boutique, salon, bakery, specialty shop, service business, and more.
The property features dedicated office space, a functional kitchen area, restroom, and separate storage space, providing a practical setup for both customer-facing operations and behind-the-scenes business needs. The building has previously been home to a tax consulting office as well as a pet boutique and bakery, demonstrating its versatility for multiple commercial concepts.
Located just off Garrett's main thoroughfare, the property benefits from a convenient and visible downtown location. Public street parking is available, with an additional city-owned parking lot located directly across the street for added accessibility.
Whether you're an owner-user looking for an affordable place to operate your business or an investor seeking a potential income-producing commercial property, 115 E King Street offers a turnkey opportunity at an attractive price point.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,526 SF
Year Built
1900
Price
$160,000
Price Per SF
$104.85
Cap Rate
11%
NOI
$17,600
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 17-09-03-109-022.000-013 | Improvements Assessment | $0 |
| Land Assessment | $2,400 | Total Assessment | $2,400 |
Property Taxes
Parcel Number
17-09-03-109-022.000-013
Land Assessment
$2,400
Improvements Assessment
$0
Total Assessment
$2,400
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