1200 S Woodland Ave - Office FOR SALE


Michigan City, IN 46360
$349,900 USD
219-874-7070
1200 S Woodland Ave, Michigan City, IN for Sale
$349,900 USD
Office - FOR SALE
1/25
null | 7.9% Cap Rate

1200 S Woodland Ave
Michigan City, IN 46360


HIGHLIGHTS

  • High Traffic Location
  • Fully Leased 2 Unit Office
  • 17 Parking Spaces

OVERVIEW

Two-unit commercial space on a busy corner in Michigan City. Currently medical/office space and fully leased generating $36,000 in gross rent annually. Plenty of parking with 17 spaces. Zoned B2.

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

B2

APN/PARCEL ID

46-05-03-101-008.000-009

ASK ABOUT THIS PROPERTY

Brian Volckmann@properties | Christie's International Real EstateMore Info
219-874-7070

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Brian Volckmann@properties | Christie's International Real EstateMore Info
219-874-7070

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