320 N. Sugar Street offers an opportunity to acquire a 5,080-square-foot, single-story office property in Brownstown, Indiana, located approximately one block off Main Street. The property includes four existing office suites, approximately 15 parking spaces, and four HVAC units, three of which have reportedly been replaced within the past five years.
The property is currently being used by a local not-for-profit organization on a temporary, rent-free basis and is expected to be vacated. The existing interior layout is somewhat compartmentalized, providing a purchaser the opportunity to reconfigure the space to meet their specific needs.
Offered at $250,000 ($49.21/SF), the property is being sold in its current condition with no planned seller improvements. The seller has also advised that there may be a roof issue, which has not been independently verified. Prospective purchasers should conduct their own inspections and due diligence.
The combination of size, parking, multiple office suites, and an attractive acquisition price provides an opportunity for an owner-user or investor to establish, expand, or reposition a commercial property in Brownstown.