For saleReduced $45,100 from $325,000

$279,900

4,367 SF building0.27 acre lotBuilt 1973

1001 S E StreetRichmond, IN 47374

Retail property (from the listing description) · Storefront · MLS 11552661 · Listed 451 days ago (Aug 11, 2025)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Fantastic Commercial property in the heart of Richmond's Southeast side with so many options for retail, rentals, personal use and investment purposes. This property is also being sold with the additional connecting property at 509 South 10th Street. Long standing successful business operated here for many years. This property has two store front retail suites along with two very nice apartments upstairs with separate individual entrances that have remained leased consistently and are now vacated for the new owner of this amazing property. Additional storage and workshop spaces along with offices. 2024 Utilities: 1001 S. E: Electric $771, Water $360, Gas $663. 1001 1/2 S. E: Electric $1550. Water $312, Gas $726. 503 S. 10th: Electric $913, Gas $521. 509 S. 10th: Electric $935. Water for 503 is connected to 1001 and 509 is connected to 1001 1/2. Call Ryan with any questions and to schedule a showing!

Description provided by the listing brokerage.

Key facts

Asking price
$279,900
Original list price
$325,000
Status
For sale
Property type
RetailFrom the listing description
Building area
4,367 SFSource field AboveGradeFinishedArea
Land area
0.27 acresSource field LotSizeAcres
Year built
1973
MLS number
11552661

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$279,900
Price per SF of building
$64/SFAsking price ÷ 4,367 SF reported building area
Annual taxes
$1,901

Building and site

Reported zoning
CommercialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
County
Wayne County

Reported features

  • Natural gas (from a listing field)
  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Heating

  • Forced Air
  • Gas

Construction

  • Wood Siding

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Richmond or retail property in Richmond.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…e for many years. this property has two store front retail suites along with two very nice…")
  • MLS property class detail. (PropertyTypeDetail: comm-building)

How listings qualify. Something wrong? Report it.

Price and status history

  • Original list price reported by the brokerage: $325,000

Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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  • Parking reported

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Guides

Listing courtesy of Ryan Cate Auctions & Real Estate LLC. Listing agent: Ryan Cate. Listings provided by MyStateMLS.

Listing last modified at the source Feb 18, 2026, 4:54 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 2:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.