503 W Main Street Butler, IN 46721

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Trevor Wright
(260) 573-6390
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Other • 102Y Old

$349,000

503 W Main Street

2 Bedrooms
1 Bathroom
1992 Sq Ft
1.43 Acre
Property Description

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).

Directions

US 6 to Butler. Property on north side of road.

Map to 503 W Main Street, Butler, IN 46721

Property
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.
Listing Provided Courtesy of Andrew Jagoda
Wible Realty

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 information last updated Tuesday, August 9th, 2022 at 4:15 PM EDT.

Learn More About 503 W Main Street

Presented By
Trevor Wright
Trevor Wright
(260) 573-6390
Email
Select Agent to Contact

By clicking "Message Agent", you agree to be contacted by Mike Thomas Associates about your request. Please see our Privacy Policy.