201 S Main ST, Cloverdale, IN 46120
201 S Main ST, Cloverdale, IN 46120
201 S Main ST, Cloverdale, IN 46120
201 S Main ST, Cloverdale, IN 46120
201 S Main ST, Cloverdale, IN 46120
201 S Main ST, Cloverdale, IN 46120
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Listed by Isaac VanCuren • Gardner Property Group
$ 575,000
Est. payment | /mo

5,352 SqFt


$ 575,000
Est. payment | /mo

5,352 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,352 sqft

Price per Sqft $107

MLS Listing ID 22094265

Tax Year 2025

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Industrial

Property Description

NNN Automotive Investment - A stabilized, triple-net automotive repair facility representing a 9% cap rate at the asking price. The property features multiple drive-through service bays across two connected structures with concrete block and metal panel construction, a standing-seam metal roof. Situated on a high-visibility corner lot with ample surface parking and dual-direction access, the property benefits from a captive local service market within an established residential community. With landlord expenses minimized by the NNN lease structure, this is a clean yield play in a recession-resistant, internet-proof asset category.

Location

State IN

County Putnam

Zoning CBD

Interior

Heating Forced Air

Cooling Wall Unit(s)

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected, See Remarks

Building

Story 2

New Construction false

Schools

Elementary Schools Cloverdale Elementary School

Middle Schools Cloverdale Middle School

High Schools Cloverdale High School

School District Cloverdale Community Schools

Others

Virtual Tour https://listings.indianaskypics.com/sites/edvbkmjw/unbranded

MIBOR MLS

Nearby Locations

Jen Richardson

"Finding the right home isn't just about the house, it's about the life you're going to build there.

 

I'm here to make sure you find it."

 

+1(812) 521-7361

jenrichardsonrealtor@gmail.com

905 E Tipton St, Seymour, IN 47274, USA

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201 S Main ST