11 7Th StRichmond, IN 47374

For Sale
$499,000

Downtown Bank & Parking - $499,000

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a vacant, single-story, 480-square-foot retail building situated at 11 N 7th St, Richmond, IN 47374, within Wayne County. The property, renovated in 2010, functions as a three-bay drive-up bank facility, uniquely complemented by 38 prime parking spaces in a highly desirable downtown location. The building's asking price is $499,000, translating to $1,039.58 per square foot. Currently vacant, this property is offered with a NNN lease type, presenting a blank canvas for a variety of potential uses. The building's convenient location and ample parking make it an attractive proposition for businesses seeking a high-visibility presence in the heart of Richmond. The property's unique combination of a drive-up bank and extensive parking provides significant potential for future income generation. This is a rare opportunity to acquire a well-maintained, strategically located commercial property with substantial upside potential. The property's size and layout offer flexibility for adaptive reuse, catering to a range of commercial ventures. Serious inquiries are encouraged to explore the possibilities of this unique downtown Richmond offering.

Highlights

  • Prime downtown location with 38 parking spaces and a three-bay drive-up bank facility.
  • Excellent investment opportunity combining parking and a drive-up bank facility.
  • Convenient downtown location.

Property Details for 11 7Th St

Property type
Other retail properties, Individual retail properties
Square Feet
480 SF
Year Renovated
2010
Stories
1

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.8294569
Longitude
-84.8925158
11 7Th St, Richmond, Indiana

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11 7Th St
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