201 S Main Street, Cloverdale, IN 46120
- $575,000
- $575,000
- $575,000
- $575,000
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.
Address
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Address: 201 S Main Street
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City: Cloverdale
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State/county: IN
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Zip/Postal Code: 46120
Details
Updated on April 16, 2026 at 10:32 pm-
Property ID 22094265
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Price $575,000
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Property Size 5352 Sqft
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Land Area 0.51 Acres
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Garage Size x x
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Property Type Industrial, Commercial Sale
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Property Status Active
Additional details
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Utilities Electricity Connected,Sewer Connected,Water Connected,See Remarks
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Cooling Wall Unit(s)
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Heating Forced Air
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County Putnam
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Property Type Commercial Sale
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Parking Garage Door Opener
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Elementary School Cloverdale Elementary School
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Middle School Cloverdale Middle School
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High School Cloverdale High School
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