503 S Main St - Office FOR SALE


Nappanee, IN 46550
$495,000 USD
574-292-7995
503 S Main St, Nappanee, IN for Sale
$495,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

503 S Main St
Nappanee, IN 46550


HIGHLIGHTS

  • Historic building south of downtown Nappanee
  • Hardwood floors
  • Freight elevator

OVERVIEW

Historic building located south of US 6 in downtown Nappanee, IN was originally built for George Freese’s Sons Creamery. This location is on the edge of the downtown area making it a prime location for office use or redevelopment for residential use. The building features original hardwood floors upstairs, 2 stairwells (front and rear), air conditioning throughout, and a freight elevator. Excellent exposure on S Main Street (SR 19). Office Configuration: 1st Floor: 6 private offices, 2 large open bullpen/showroom areas, waiting room, reception area/copier/printer/mail room, large breakroom, and storage area w/ overhead door. 2nd Floor: 10 private offices and 3 large open bullpen areas.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

R-4 Office/Residential

APN/PARCEL ID

20-14-31-351-010.000-029

ASK ABOUT THIS PROPERTY

Brent MillerEndeavour CommercialMore Info
574-292-7995

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Brent MillerEndeavour CommercialMore Info
574-292-7995

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