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201 S Main Street Cloverdale, IN $ 575,000
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201 S Main Street
$ 575,000
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201 S Main Street

Cloverdale, IN, 46120
$ 575,000
Bedrooms-- Baths-- Sq 5,352

Monthly Estimate*

$ 3,540

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Commercial Property for sale in Cloverdale, IN

for $575,000. This 5,352 square foot building was built on a lot size of 0.51.

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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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 2,614

Style

Industrial

Lot Size

0.51

Town/City

Cloverdale

County/Region

Putnam

MLS | Web ID

22094265
Features
General
Heating Forced Air
Cooling Wall Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected See Remarks
Possession Subject to Tenant Rights Other
Zoning CBD
Stories Count 2
Township Cloverdale
Property Subtype Industrial
Tax Year 2025
Current Use Auto Misc
County Putnam
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Commercial Sale
Possible Use Auto Dealer Auto Misc Comm Mul Ten Comm Sgl Ten Industrial See Remarks
Status Active
Directions GPS Friendly
High School Cloverdale High School
City Cloverdale
High School District Cloverdale Community Schools
MLS Area 6722 - Putnam - Cloverdale
Lot Size Square Feet 22080
Elementary School Cloverdale Elementary School
Middle/Junior High School Cloverdale Middle School
Virtual Tour https://listings.indianaskypics.com/sites/edvbkmjw/unbranded https://listings.indianaskypics.com/sites/201-s-main-st-cloverdale-in-46120-23611028/branded
Standard Status Active
Tax Lot 59-60
Cap Rate 9
Legal Description East Lots 59 & 60 Combined 022-501420-00 With This Parcel 12/26/18
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Exterior
Parking Features Garage Door Opener
Building Area Total 5352
Lot Size Acres 0.51
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* Excluded Features
List By
Gardner Property Group

Broker

Isaac@gardnerpropertygroup.com

Email

Affordability Calculator

$3,758
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$218
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4049690 Elementary School
4049691 Middle School
Cloverdale High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2026$575,000 Listed Price

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201 S Main Street, Cloverdale, IN, 46120 is a Commercial Property for sale at $575,000 with 5,352 sqft and a lot size of 0.51. The property's zip code is 46120 which is in Cloverdale, IN

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