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2907 E Main St 3,209 SF Retail Building Plainfield, IN 46168 $1,400,000 ($436.27/SF)

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INVESTMENT HIGHLIGHTS

  • Opportunity to own a prime commercial location in Plainfield with 240' of US 40 frontage
  • Billboard transfers with sale, currently yields $10,000 a year
  • Possible to Convert Back to Gas Station
  • 250' Frontage on US 40 (Main Street)
  • Auto Dealer License can be sold as well
  • Corner Lot

EXECUTIVE SUMMARY

Stand alone 2,500 SF commercial building and detached separate building, plus income-producing billboard all sitting on 1.55 acres! Currently being used as Auto Service and Auto Sales Center. Auto dealership license can be included, bringing the property total to $1,700,000. Perfect to continue as an auto center, or as gas station, c-store, or other general retail usage. On-site billboard generates rental income and conveys with the sale. Please do not visit property without an appointment, contact owner for information.
Annual taxes of $12,000 approximately

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $12,000 $3.74
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes
Annual $12,000
Annual Per SF $3.74
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $12,000
Annual Per SF $3.74

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,209 SF
Building Class
C
Year Built
1960
Price
$1,400,000
Price Per SF
$436.27
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.55 AC
Opportunity Zone
Yes
Zoning
C - General Retail
Parking
38 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
244’ on E Main St

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Another Broken Egg
Starbucks
Stock Yards Bank & Trust
Red Robin Gourmet Burgers And Brews
Noodles & Company
Buffalo Wild Wings
Applebee's
Five Guys
Chili's Grill & Bar
BMO

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-09-19-495-001.000-027
Land Assessment
$407,200
Improvements Assessment
$65,600
Total Assessment
$472,800
Annual Taxes
$12,000 ($3.74/SF)
Tax Year
2024
  • Listing ID: 24039530

  • Date on Market: 9/4/2021

  • Last Updated:

  • Address: 2907 E Main St, Plainfield, IN 46168

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