Commercial/Office Building Downtown Kendallville

Retail-Commercial for Sale
Catylist Listing ID: 30171433
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 7,972 SF
Gross Building Area: 9,552 SF
Gross Land Area: 0.47 Acres
Sale Price: $89,000
Unit Price: $11.16 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Former Kendallville Post Office
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 12/12/2017

Overview / Comments

Former Kendallville Post Office turned multi-tenant office building. Good rental history, single offices throughout. Great for owner/user or as investment property with long term residual income!
Six tenants currently.
All Utilities

Please contact Broker for information.

Additional Details

Nearest MSA: Kendallville
County: Noble
Tax ID/APN: 57-07-33-340-221.000-020
Zoning: C/1
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Main St.
Area Description: Busy downtown Kendallville
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1917
Year Renovated: 1964
Construction/Siding: Wood Frame
Exterior Description: Brick/Concrete
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: 6500 sq. ft.
Zoning Description: C/1
Lot Depth: 122
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,657 13,182 20,247
Median Age: 34.04 37.32 38.29
Households: 2,164 5,211 7,887


Photograph of Listing Agent

Monica J Fassoth

Hosler Realty Inc ICREX Member
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