Terrific Investment Opportunity

Office for Sale
Catylist Listing ID: 30729659
Property Subtypes: Medical
Building Size (RSF): 1,792 SF
Gross Building Area: See Agent
Gross Land Area: 0.20 Acres
Sale Price: $154,000
Unit Price: $85.94 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Usable Size (USF): 1,792 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/10/2021

Overview / Comments

Terrific investment opportunity with this full-brick, high-quality medical office building constructed in 2001 by Biddle Construction. Complete with four exam rooms, one office, one lab, two restrooms, receptionist's office, nurse station, storage room, and lobby. Plenty of storage available throughout. Improvements include Anderson windows, 2019 repaved parking lot complete with hitching post to accommodate equine travelers, 2019 new roof. Mechanicals include high efficiency propane gas forced air furnace, electric water heater. City sewer and water. Subject to tenant rights.

Additional Details

Nearest MSA: Crawfordsville
County: Montgomery
Tax ID/APN: 54-13-36-224-030.000-006
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,792 SF
Year Built: 2001
Parking Type: Surface
Sprinklers: None
Heat Type: Propane
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 920 3,249
Median Age: 39.18 40.16
Households: 356 1,205
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