848 W Johnson Dr - Storefront Retail/Office FOR SALE


Terre Haute, IN 47802
$925,000 USD
812-249-6623
848 W Johnson Dr, Terre Haute, IN for Sale
$925,000 USD
Storefront Retail/Office - FOR SALE
1/82
null | Request Cap Rate

848 W Johnson Dr
Terre Haute, IN 47802


HIGHLIGHTS

  • Established Lazer Tag Entertainment Business Included with Sale
  • Professional Office Space
  • Multiple Income Streams & Lease-Up Potential
  • Value-Add / Owner-User / Investment Opportunity
  • Metal-Frame Commercial Building – Built in 2005
  • 1-Bedroom / 2-Bath Residential Unit

OVERVIEW

Unique business and real estate investment opportunity! Offered at $925,000, this 15,431 SF multi-use commercial property features an established Lazer Tag entertainment business included with the sale, existing rental income, residential space, and additional commercial space. Built in 2005, the metal-frame retail building offers a versatile layout with approximately 9,100 SF utilized by the Lazer Tag operation. The property also includes a leased Paw Spa, a 1-bedroom/2-bath residential unit, an owner-occupied insurance office, an additional vacant commercial suite and miscellaneous storage space. The Lazer Tag business has an established operating history and provides an excellent opportunity for an owner-operator. Priced at approximately $60/SF with the operating business included, this property offers multiple income streams, flexible use and additional value-add potential. Ideal for an investor, entrepreneur, or owner-user seeking commercial real estate with an established business and diversified income potential. Financial information is available to qualified buyers upon execution of a NDA. Schedule a showing Today!

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C

APN/PARCEL ID

84-09-05-400-021.000-004

ASK ABOUT THIS PROPERTY

Andrew SouthardBerkshire Hathaway HomeServices Newlin-MillerMore Info
812-249-6623

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Andrew SouthardBerkshire Hathaway HomeServices Newlin-MillerMore Info
812-249-6623

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