408 Commerce RdRichmond, IN 47374

For Sale
$600,000

Prime I-70/US 40 location, vacant, build-to-suit potential.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 2.1-acre retail property in Richmond, Indiana, presents a unique investment opportunity. Ideally situated seconds from the intersection of I-70 and US 40 in the thriving Eastside area, this property offers unparalleled access and visibility. The site comprises two combined parcels and includes two existing buildings: a substantial 5,820 square-foot steel warehouse featuring a metal roof and an oversized door, and an adjacent 336 square-foot structure. Currently vacant, this property is perfect for a variety of uses, including QSR/fast food, shopping center, or storefront development. The flexible nature of the site allows for build-to-suit options, catering to specific tenant requirements. The asking price is $600,000, and the property is offered with a NNN lease type. This location provides excellent potential for high traffic and strong returns, making it an attractive investment for both developers and end-users. The property's strategic location near major highways ensures easy access for customers and employees, maximizing its commercial viability. This is a rare chance to acquire a significant parcel of land in a high-demand area with considerable development potential.

Highlights

  • 2.1-acre retail property in Richmond, Indiana, ideally situated near I-70 and US 40 intersection.
  • Two buildings totaling 6,156 square feet: a 5,820 sq ft steel warehouse and a 336 sq ft structure.
  • Currently vacant, suitable for QSR, shopping center, or storefront development; build-to-suit options available.
  • Asking price: $600,000, NNN lease.
  • High-traffic location with strong potential for high returns.

Property Details for 408 Commerce Rd

Property type
Lifestyle centers, Power centers
Buildings
2
Lot Size (sq. ft)
91,476 SF

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.8343702
Longitude
-84.8244012
408 Commerce Rd, Richmond, Indiana

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408 Commerce Rd
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