201 S Main Street, Cloverdale, IN 46120
  • $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: 201 S Main Street
  • City: Cloverdale
  • State/county: IN
  • Zip/Postal Code: 46120

Details

Updated on April 16, 2026 at 10:32 pm
  • Property ID 22094265
  • Price $575,000
  • Property Size 5352 Sqft
  • Land Area 0.51 Acres
  • Garage Size x x
  • Property Type Industrial, Commercial Sale
  • Property Status Active

Additional details

  • Utilities Electricity Connected,Sewer Connected,Water Connected,See Remarks
  • Cooling Wall Unit(s)
  • Heating Forced Air
  • County Putnam
  • Property Type Commercial Sale
  • Parking Garage Door Opener
  • Elementary School Cloverdale Elementary School
  • Middle School Cloverdale Middle School
  • High School Cloverdale High School

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Preeti Chaggar

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