Catylist ID:
#30843327
| Catylist Listing ID: | 30843327 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 12,804 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $999,000 |
| Unit Price: | $78.02 PSF |
| Property Use Type: | Investment |
| Class of Space: | Class B |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/17/2023 |
Overview / Comments
|
Strong 3,000 SF government lease in place through 4/27 plus 5-year renewal option Value add potential with recently vacated 6,000 SF space Mixed-use capability with apartments upstairs Building is well-kept and in good condition Additional storage included with property Sale Price: $999,000 ($78.02/SF) Lease Rate: $15.00 SF/yr NNN |
Attachments & Media
Additional Details
| Nearest MSA: | Kendallville |
| County: | LaGrange |
| Tax ID/APN: | 44-07-19-300-001.049-002 |
| Zoning: | B-4 |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 1890 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,112 | 5,086 | 9,371 |
| Median Age: | 36.72 | 35.06 | 31.09 |
| Households: | 886 | 1,774 | 2,992 |
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