Commercial Building on US Highway

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 29819793
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 2,812 SF
Gross Land Area: 0.80 Acres
Sale Price: $79,000
Unit Price: $28.09 PSF
Property Use Type: Investment, Business
Building Name: Neighborhood Cleaners
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 8/31/2017

Overview / Comments

Nice commercial building with paved parking lot. Formally a dry cleaning business, no equipment included. Building can be purchased with the 4 unit apartment complex in rear of property. Building is on City water & City sewer. Taxes to be determined if property is split.

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $4,677 (Annual)
Tax Value Land $51,300
Tax Value Improvements $111,700
Assessed Value - Total($) $163,000 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $4,072 (Annual)
Tax Value Land $56,300
Tax Value Improvements $97,700
Assessed Value - Total($) $154,000 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $3,983 (Annual)
Tax Value Land $56,300
Tax Value Improvements $93,600
Assessed Value - Total($) $149,900 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $4,049 (Annual)
Tax Value Land $56,300
Tax Value Improvements $98,500
Assessed Value - Total($) $154,800 (Annual)

Additional Details

Nearest MSA: Crawfordsville
County: Montgomery
Tax ID/APN: 54-07-31-332-045.000-030
Zoning: B-3
Market Type: Medium
Retail Clientele: Business
Side of Street: West
Road Type: Highway
Property Visibility: Excellent
Largest Nearby Street: US 136
Feet of Frontage: 107
Transportation: Highway
Site Description: 407 Waynetown Rd
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1940
Parking Type: Surface
Parking Description: Asphalt parking lot
Legal Description: PT SWQ 31-19-4 1.25A

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,724 16,988 23,082
Median Age: 37.46 37.01 38.68
Households: 2,090 6,719 9,153

Contact

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