118-122 N. Detroit St. - Office FOR SALE


Lagrange, IN 46761
$549,000 USD
260-422-8474
118-122 N. Detroit St., Lagrange, IN for Sale
$549,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

118-122 N. Detroit St.
Lagrange, IN 46761


HIGHLIGHTS

  • Value add potential with recently vacated commercial space
  • Mixed-use capability with possibility for apartments upstairs
  • Commercial space is well-kept and in good condition
  • Additional storage included with property
  • Sale Price: $549,000
  • Lease Rate: $12.00 SF/yr NNN

OVERVIEW

Uncover an exceptional opportunity with the 12,804 SF property at 118-122 N. Detroit St., LaGrange, IN. Built in 1890, this historic building holds undeniable appeal. Boasting exceptional value-add potential, the property features recently vacated commercial space with mixed-use capability, including the exciting prospect of apartments upstairs. The meticulously maintained space, together with additional storage, ensures seamless function and potential for additional income. Priced attractively at $549,000 and offering a lease rate of $12.00 SF/yr NNN, this property promises a compelling opportunity within the LaGrange County area.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

118-122 N. Detroit St.

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

B-4

APN/PARCEL ID

44-07-19-300-003.090-002

ASK ABOUT THIS PROPERTY

Daniel GabbardThe Zacher CompanyMore Info
260-422-8474

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

Daniel GabbardThe Zacher CompanyMore Info
260-422-8474

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