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257 W Main St 2,696 SF Retail Building Westville, IN 46391 $240,000 ($89.02/SF)
INVESTMENT HIGHLIGHTS
- Prime corner location with excellent street visibility
- Flexible layout ideal for retail or service conversion
- Surrounded by retail amenities and major road access
- Recently renovated with updated roof and furnace
- Strong local demographics with high household income
EXECUTIVE SUMMARY
Positioned on a prominent corner along Main Street in Westville, Indiana, this freestanding retail property offers exceptional visibility and accessibility in a high-traffic corridor. The building spans 2,696 square feet and has undergone significant upgrades, including a major renovation in 2007, a new roof in 2015, and a modern furnace, ensuring a solid structural foundation for future use. Formerly operated as a tavern, the property is being sold as real estate only, presenting a versatile opportunity for an owner-user or investor to reposition, redevelop, or convert the space for a variety of commercial purposes.
Surrounded by established retailers and local amenities, the site benefits from strong demographics, with over 12,000 residents and an average household income exceeding $95,000 within a five-mile radius. Its strategic location near major thoroughfares enhances connectivity and customer reach, while the corner lot configuration maximizes signage potential and curb appeal. Whether you envision a boutique retail concept, a neighborhood café, or a professional service hub, this property delivers the adaptability and visibility needed to thrive in a growing market.
Offered at $240,000, this asset combines affordability with long-term potential, making it an ideal choice for those seeking a well-positioned property in a vibrant community.
Surrounded by established retailers and local amenities, the site benefits from strong demographics, with over 12,000 residents and an average household income exceeding $95,000 within a five-mile radius. Its strategic location near major thoroughfares enhances connectivity and customer reach, while the corner lot configuration maximizes signage potential and curb appeal. Whether you envision a boutique retail concept, a neighborhood café, or a professional service hub, this property delivers the adaptability and visibility needed to thrive in a growing market.
Offered at $240,000, this asset combines affordability with long-term potential, making it an ideal choice for those seeking a well-positioned property in a vibrant community.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
2,696 SF
Building Class
C
Year Built/Renovated
1941/2007
Price
$240,000
Price Per SF
$89.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.10 AC
Zoning
General Retail
Frontage
AMENITIES
- Corner Lot
- Restaurant
PROPERTY TAXES
| Parcel Number | 46-09-29-289-008.000-028 | Improvements Assessment | $40,200 |
| Land Assessment | $10,800 | Total Assessment | $51,000 |
PROPERTY TAXES
Parcel Number
46-09-29-289-008.000-028
Land Assessment
$10,800
Improvements Assessment
$40,200
Total Assessment
$51,000
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257 W Main St
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