201 S Main ST, Cloverdale, IN 46120
201 S Main ST, Cloverdale, IN 46120
201 S Main ST, Cloverdale, IN 46120
59
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Listed by Isaac VanCuren • Gardner Property Group
$575,000
Est. payment /mo
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5,352 SqFt
Active

201 S Main ST Cloverdale, IN 46120

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Audri McGrane

Audri McGrane

+1(317) 509-9729

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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

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Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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201 S Main ST

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