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305 Main St 3,600 SF 100% Leased Retail Building Shirley, IN 47384 $149,900 ($41.64/SF) 19.84% Cap Rate
Executive Summary
The Door Store is for sale. This unique opportunity offers three different buildings opened as one. There are rear entrance garage doors and there are also four semi trailers containing inventory that will remain. Here is the cool thing. We are selling the building and leaving all of the inventory. Are you a woodworker and interested in carrying on the Door Store legacy? If so, the sellers will guide you to help make you successful Not interested? That is ok. You can liquidate the inventory and use the building however you would like. The sellers have held the Door Store open only one night a week for three hours and have continued to be successful. The sellers are retiring but would love to see someone carry on. Sellers have indicated that there is three phase electrical onside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built
1900
Price
$149,900
Price Per SF
$41.64
Cap Rate
19.84%
NOI
$29,733
Percent Leased
100%
Building Height
1 Story
Zoning
C - Commercial
Frontage
111’ on South Main Street
Amenities
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 30-04-26-403-020.000-004 | Improvements Assessment | $24,900 |
| Land Assessment | $3,800 | Total Assessment | $28,700 |
Property Taxes
Parcel Number
30-04-26-403-020.000-004
Land Assessment
$3,800
Improvements Assessment
$24,900
Total Assessment
$28,700
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Contact the Sale Advisor
305 Main St