$349,000
503 W Main Street
Great Investment Opportunity with multiple diverse income sources. The property is 1.43 acres that is commercially zoned and includes a 48'x58', 2,784 sq. ft. retail/restaurant building. Half of the building currently has a well established very successful Nationally Branded Sandwich Business which has been in business for 28 years. The franchise is part of the sale contingent upon approval. The vacant half of the building is ready for remodeling to hold a retail shop, coffee shop or many other uses. Also located on the property is a very well maintained 14'x66' manufactured home and 15'x22' garage that has a good rental history. The property is located on a major highway in a very high traffic area with retail businesses all around it. There is much of the 1.43 acre corner lot that is currently unused lawn area that could be further developed for additional buildings, etc. Address is 503, 503 1/2 & 505 W. Main St., Butler (There are 3 separate addresses at this parcel).
US 6 to Butler. Property on north side of road.
Map to 503 W Main Street, Butler, IN 46721
MLS #
202139716
Status
Active
Property Type
Investment
Property SubType
Other
Square Feet
1992 Sq Ft
New Construction
No
Style
One Story
Type
Other
Bedrooms
2
Bathrooms
1
Year Taxes Payable
20/21
Year Built
1920
Virtual Tour
propertypanorama.com »
Days on Market
323
Room Dimensions
Living Room
1 × 0
Level
4th Bedroom
2 × 2
Level
5th Bedroom
1 × 1
Level
Extra Room
1 × 1
Level
Bathroom Locations
Full Baths
2 Main
Half Baths
1716 Lower
External Features
Construction
Other
Lot Size
62,291 sq ft
Acreage
1.43 Acre
Lot Dimensions
1.43 acre
Out Buildings
Outbuilding
Fence
None
Location
Area
Dekalb County
County
Dekalb
Subdivision
None
Township
Wilmington
City
Butler
State
IN
Zip
46721
Schools
School District
Dekalb Co. Eastern
Elementary
Butler
Middle School
Eastside
High School
Eastside
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202139716 |
|---|---|
| Status | Active |
| Property Type | Investment |
| Property SubType | Other |
| Square Feet | 1992 Sq Ft |
| New Construction | No |
| Style | One Story |
| Type | Other |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Year Taxes Payable | 20/21 |
| Year Built | 1920 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 323 |
| Living Room | 1 × 0 | Level |
| 4th Bedroom | 2 × 2 | Level |
| 5th Bedroom | 1 × 1 | Level |
| Extra Room | 1 × 1 | Level |
| Full Baths | 2 Main |
| Half Baths | 1716 Lower |
| Construction | Other |
|---|---|
| Lot Size | 62,291 sq ft |
| Acreage | 1.43 Acre |
| Lot Dimensions | 1.43 acre |
| Out Buildings | Outbuilding |
| Fence | None |
| Area | Dekalb County |
|---|---|
| County | Dekalb |
| Subdivision | None |
| Township | Wilmington |
| City | Butler |
| State | IN |
| Zip | 46721 |
| School District | Dekalb Co. Eastern |
|---|---|
| Elementary | Butler |
| Middle School | Eastside |
| High School | Eastside |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202139716. IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Andrew Jagoda
Wible Realty
Listing information last updated Tuesday, August 9th, 2022 at 4:15 PM EDT.
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