1015 Michigan Ave - Flex FOR SALE


Logansport, IN 46947
$950,000 USD
765-419-1021
1015 Michigan Ave, Logansport, IN for Sale
$950,000 USD
Flex - FOR SALE
1/40
null | Request Cap Rate

1015 Michigan Ave
Logansport, IN 46947


HIGHLIGHTS

  • Well-suited for medical, professional office, or multi-tenant use.
  • Multiple distinct areas that can easily accommodate separate tenants or business operations.
  • Redevelopment potential, including the possibility of conversion to residential housing, subject to local zoning/approvals.

OVERVIEW

Unlock the potential of this versatile 30,000± SF commercial office building, formerly operated as a medical facility. Featuring a flexible floor plan with numerous private offices in a variety of sizes, the property is well-suited for medical, professional office, or multi-tenant use. Several rooms include private restrooms and showers, offering added convenience and functionality. The building also includes two breakrooms, a full sprinkler system throughout, abundant on-site parking, and multiple distinct areas that can easily accommodate separate tenants or business operations. This property presents an outstanding value-add opportunity for investors, developers, or owner-users looking to customize the space to their needs. With its adaptable layout and ample square footage, this property also offers exciting redevelopment potential, including the possibility of conversion to residential housing or other permitted uses, subject to local zoning and approvals. Whether you're seeking an investment, medical office, professional headquarters, or redevelopment project, this property offers exceptional flexibility and long-term potential.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1015 Michigan Ave., Logansport

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.69

LAND SF

117,383

ZONING

PR

APN/PARCEL ID

09-17-25-100-049.000-010,09-17-25-100-050.000-010,09-17-25-100-051.000-010,09-17-25-100-052.000-010,09-17-25-100-053.000-010,09-17-25-100-054.000-010,09-17-25-100-079.000-010,09-17-25-100-080.000-010,09-17-25-100-081.000-010,09-17-25-100-082.000-010,09-17-25-100-083.000-010,09-17-25-100-084.000-010,09-17-25-100-105.000-010

ASK ABOUT THIS PROPERTY

Paul WymanThe Wyman GroupMore Info
765-419-1021

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Paul WymanThe Wyman GroupMore Info
765-419-1021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.