122 5Th StRichmond, IN 47374

For Sale
$129,900

Prime Retail/Office Space, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional Richmond, Indiana retail property, located at 122-126 NW 5th St, presents a unique investment opportunity. The 2,112 square foot building, constructed in 1963, sits on a 0.142-acre lot and offers high visibility on the bustling west side. Currently vacant, this single-story, one-building shopping center comprises two units, each approximately 1,050 square feet. The property is available for lease as a whole or individually, offering flexibility for various retail or office uses. The asking price is $129,900, translating to $61.51 per square foot. The lease type is NNN. The property's adaptable layout allows for customization to suit a tenant's specific needs; the owner is open to build-outs for long-term leases. This prime location provides excellent exposure and potential for significant return on investment. The property is zoned for retail use and offers ample space for a variety of businesses. Its convenient location in Wayne County, with easy access to major roadways, makes it an attractive option for both local and regional businesses. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving market.

Highlights

  • $129,900 asking price for this retail property.
  • NNN lease type, currently vacant.
  • 2,112 square feet, with two units of 1,050 square feet each.
  • Located at 122 NW 5th St, Richmond, IN 47374, on a 0.142-acre lot.
  • High visibility location suitable for office or retail use.
  • Built in 1963, single-story building.

Property Details for 122 5Th St

Property type
Lifestyle centers, Power centers
Square Feet
2,112 SF
Year Built
1963
Buildings
1
Stories
1
Lot Size (sq. ft)
6,186 SF
Units
2

Location Insight

City
Richmond
County
Wayne
State
Indiana
Latitude
39.8309559
Longitude
-84.9082692
122 5Th St, Richmond, Indiana

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122 5Th St
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