531 N Central Avenue, Connersville, IN 47331
- $269,000
- 25,643
- SqFt
- List Price
- $269,000
- Price Change
- ▼ $10,000 1784915003
- Days on Market
- 449
- Status
- ACTIVE
- MLS#
- 10051324
- Living Area
- 25,643
- Lot Size (Acres)
- 0.393
- Style
- 2 Story
- Year Built
- 1900
Property Description
Exceptional investment opportunity in the heart of Connersville's Central Business District. This 25,643 SF, two-story commercial property is located in a federally designated Opportunity Zone, offering potential tax advantages for investors. Currently providing two income-producing tenants, the building generates $85,000 in annual NOI, delivering an impressive 21.25% cap rate. You will want to check out the endless possibilities this property has to offer not to mention a 2 story bank vault. Schedule your private showing today with the Retz Real Estate Team, Dean at 765-969-5081 or Denise at 765-969-7140. We put the REAL in Realtors!
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Additional Information
- Area
- Fayette County
- Amenities
- Internet
- Heating
- Roof Mounted Electric
- Cooling
- Central Air
- Roof
- Flat, Rubber Membrane
- Water
- City
- Sewer
- City
Mortgage Calculator
Listing courtesy of Coldwell Banker Lingle.