201 S Main Street, Cloverdale, IN 46120
- $575,000
- 5,352
- SqFt
- List Price
- $575,000
- MLS#
- 22094265
- Property Type
- Commercial Sale
- Sqft. of Residence
- 5,352
- Days on Market
- 107
- Status
- ACTIVE
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.
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Additional Information
- Acres
- 0.51
- Heat
- Forced Air
- Cooling
- Wall Unit(s)
- Region
- Cloverdale
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Listing courtesy of Gardner Property Group.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative