305 S Main ST Active Save Request In-Person Tour Request Virtual Tour
Sheridan,IN 46069
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $56
MLS Listing ID 21989015
Year Built 1900
Tax Year 2023
Lot Size 3,049 Sqft
Property Description
Mix used free standing commercial property at the center location of Sheridan Downtown: a successful restaurant on the main floor and two apartments upstairs. Cashflow , great investment opportunity, Sold as it is. 7% return on purchase price, 20% vacant (one of the apartment is vacant ), the rent for the restaurant is below market rate. Potential 10% plus return
Location
State IN
County Hamilton
Zoning C
Interior
Heating Forced Air
Exterior
Utilities Available Electricity Connected,Gas Nearby,Water Connected
Building
Story 2
New Construction false
Schools
Elementary Schools Sheridan Elementary School
Middle Schools Sheridan Middle School
High Schools Sheridan High School
School District Sheridan Community Schools