668 S Ohio

Retail-Commercial for Sale
Catylist Listing ID: 30815857
Building Size (RSF): 4,650 SF
Gross Land Area: 11,620 SF
Sale Price: $85,000
Unit Price: $18.28 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2022

Overview / Comments

Mixed use property with retail on first level and apartment on 2nd level. Retail level is currently leased month to month at $750 per month. Upstairs 2 bdrm apartment was renovated in 2020 and rents for $650 per month. Apartment will be vacated on 8-31-2022 and will be left vacant for new owner. Tenants pay all utilities. Roof over 2 story structure has new shingles.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $1,572 (Annual)
Tax Value Land $9,400
Tax Value Improvements $43,000
Assessed Value - Total($) $52,400 (Annual)

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 18-11-14-106-010.000-003
Zoning: INTENSE INDUSTRIAL
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1901
Year Renovated: 1993
Construction/Siding: Block, Brick
Sprinklers: None
Legal Description: W T R ADD 5 FT OF 2 0.0000Acres STR: 142010 IN: 2-3 OUT:

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,890 58,067 80,453
Median Age: 36.16 33.33 35.32
Households: 5,234 22,257 31,708
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