435 W US 6

435 W US 6, Portage, Indiana 46368

  • Property Subtypes Free-Standing Building , Vehicle Related , Other
  • Building Size (RSF) 9,800 SF
  • Gross Building Area 9,800 SF
  • Building Status Existing
  • Sale Price $675,000.00 Total
  • Unit Price $68.88 per SF
  • Property Use Type Net Leased (NNN)Vacant/Owner-UserInvestment
  • Class of Space N/A
  • Total Land Size 2.9 Acres
  • Sale Terms Cash to Seller
  • Cap Rate 12
  • Last Updated 7/8/2020
  • Days on Market 2473 Days
  • Status active

Overview / Comments

This property is a multi tenant complex containing: Used car lot, including office building (1,000sf), 2 dwellings, vehicle repair shop (1,600 sf) and large vehicle repair shop (7,200 sf). It sits on the North side of US 6 just East of Wolf Rd. This complex has been well maintained and has enjoyed stable tenants. It is primarily an investment opportunity, but an owner user could occupy space and have a supporting investment income. US 6 is 4 lanes with strong traffic flow and City water and sewer are available. Buildings: Homes built 1952, Small shop 2001, Large shop 2004, and Car lot Office 1952 (remodeled 2008).

Agent Notes

We are working with a motivated seller, who is changing the focus of his Real Estate portfolio. The property is ideally suited to a user/invester.

Additional Details

  • Tax ID/APN 640619451014000015
  • Property Visibility Excellent
  • Total Number of Buildings 5
  • Number of Stories 1
  • Tax Auth Porter County

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