2910 Highway Ave - Retail FOR SALE


Highland, IN 46322
$850,000 USD
219-836-4740
2910 Highway Ave, Highland, IN for Sale
$850,000 USD
Retail - FOR SALE
1/2
null | 8.33% Cap Rate

2910 Highway Ave
Highland, IN 46322


HIGHLIGHTS

  • - 6-Unit Investment Property
  • - Mixed-Use (4-Apartments & 2-Commerical Units)
  • - Located in Downtown Highland

OVERVIEW

RARE opportunity to own a Mixed-Use Investment property with 2 Commercial Tenants and (4) 2-bed, 1-bath apartments. This cash flows! Located in beautiful Downtown Highland, the property is a 2-story building with 4 apartments in the 2nd floor and 2 commercial units on the main floor. 3 Apartments have been updated in the past 4-years. On-Site Parking! Located in Downtown Highland, this property is 1-block from Ridge Rd & Kennedy Ave. and 1-mile south of Interstate-94. Just 31-miles to Downtown Chicago. The property sits across the Highland Fire Station and is surrounded by local restaurants, office and residential homes.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

8.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

-

APN/PARCEL ID

45-07-21-452-004.000-026

ASK ABOUT THIS PROPERTY

Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

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Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

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