1480 Olive Branch Parke #900

Retail-Commercial for Sale
Catylist Listing ID: 29942347
Property Subtypes: Street Retail
Building Size (RSF): 1,612 SF
Gross Building Area: See Agent
Sale Price: $199,000
Unit Price: $123.45 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/7/2017

Overview / Comments

This is a 1,700 square foot commercial condo that is currently leased. This property is located on State Road 135 in popular and growing White River Township. Development continues to move in this direction offering a great investment opportunity. This specific unit is an endcap and offers plenty of parking and a condo association that takes care of exterior maintenance, snow removal, landscaping, etc.

Financials

Finance Data Year 2016
Net Operating Income $21,600 (Annual)

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Johnson
Tax ID/APN: 410402044078012041
Zoning: RETAIL
Retail Clientele: General
Largest Nearby Street: State Road 135

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,214 62,475 139,233
Median Age: 37.64 37.34 36.84
Households: 2,026 23,132 54,336

Contact

Photograph of Listing Agent

Keith Turnbill

RE/MAX Results, REALTORS
ICREX Member

Source

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