Sold for $570,000 Listed for $650,000
This property is not currently for sale or for rent.
Discover an exciting commercial real estate opportunity with this well-maintained 6,600-square-foot property, built in 1996. This versatile building is divided into three separate units—two units of 2,400 square feet each and one unit of 1,800 square feet. Two of the units are currently rented, generating over $4,200 in monthly revenue, while the third unit, which is vacant, is estimated to rent for approximately $2,400 or more per month. Both rented units have 15-year leases in place that are up for renewal in 2029, offering stable, long-term income potential. The property recently underwent significant upgrades, including a new roof over the entire building and a new furnace in the vacant unit, ensuring minimal maintenance costs. It also features an asphalt parking lot with approximately 80 parking spaces, providing ample parking for tenants and customers alike. Located close to I-69 and 80/90, this property offers excellent accessibility and is just minutes away from a popular outlet mall and numerous lakes, making it an ideal location for businesses looking to attract customers from both local and neighboring areas. This is an excellent opportunity for investors or business owners seeking a prime location with income-generating potential. Don’t miss out on this fantastic commercial listing!
Turn north onto Old 27 from US Hwy 120. Building is on left hand side approx 1 mile ahead.
MLS # | 202432566 |
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Date Listed | 2024-08-25 |
Status | Sold |
Property Type | Commercial |
Property SubType | Mixed Use |
New Construction | No |
Type | Mixed Use |
Annual Taxes | $1,756.51 |
Year Taxes Payable | 2023/2024 |
Year Built | 1996 |
Days on Market | 84 |
Den | 1 × 6600 | Level |
3rd Bedroom | 4 × 1 | Level |
Construction | Mixed Use |
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Lot Size | 89,734 sq ft |
Acreage | 2.06 Acres |
Lot Dimensions | 329x262x326x262 |
Fence | None |
Area | Steuben County |
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County | Steuben |
Subdivision | None |
Township | Jamestown |
City | Fremont |
State | IN |
Zip | 46737 |
Assoc. Dues | $0.00 |
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MLS# 202432566
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 Matthew Leckner
Coldwell Banker Real Estate Group
Cell: 260-316-8123
Listing updated November 20, 2024 at 3:31 pm
Last checked 14 minutes ago