Sheridan, IN 46069,305 S Main ST
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Sheridan, IN 46069,305 S Main ST
Sheridan, IN 46069,305 S Main ST
Sheridan, IN 46069,305 S Main ST
Sheridan, IN 46069,305 S Main ST
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Listed by Mabel Liu • MYL Realty, LLC
$ 250,000
Est. payment /mo
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Active

305 S Main ST Sheridan, IN 46069

4,400 SqFt


UPDATED:

07/10/2024 10:36 PM

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

Acres 0.07

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

Fireplace N

Exterior

Utilities Available Electricity Connected, Gas Nearby, Water Connected

Parking Type Street Only, Other

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


MIBOR MLS

Randy Worrell

Broker

+1(317) 590-5709

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305 S Main ST