Catylist ID:
#30835730
| Catylist Listing ID: | 30835730 |
| Property Subtypes: | Flex Space, Office Building |
| Building Size (RSF): | 600 SF |
| Gross Building Area: | 4,800 SF |
| Gross Land Area: | 0.20 Acres |
| Sale Price: | See Agent |
| Ceiling: | 8 ft. |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Class of Space: | Class B |
| Usable Size (USF): | 600 SF |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/23/2023 |
Overview / Comments
|
Investment lake property opportunity Nearly 65 feet of lake frontage with docks 2 Retail/office opportunities, ground level 4 Apartments with one currently on Air B&B Lakefront views from apartments Situated between a coffee shop and Howie's on Hamilton Lake NE Indiana is well known as a recreational lake area with over 200 lakes! This investment opportunity is nicely tucked in on the main intersection of Bellefontaine Road and SR 427/Wayne Street between a popular restaurant and coffee shop. With nearly 5,000 sq. ft. of space including 4 apartments, one of which is offered as an Air B&B, and 2 office/retail spaces. This is an income-generating property with great potential. This property offers nearly 65 feet of lake frontage, docks, lakefront views for the apartments and the lower Air B&B, lakeside amenities, and an onsite storage garage. Everything it takes to operate this property. |
Attachments & Media
Additional Details
| Nearest MSA: | Angola |
| County: | Steuben |
| Tax ID/APN: | 761033410106000010 |
| Property Visibility: | Excellent |
| Highway Access: | I69 |
| Site Description: | Lake Front |
| Area Description: | Hamilton Lake |
| Total Number of Buildings: | 2 |
| Number of Stories: | 3 |
| Year Built: | 1885 |
| Year Renovated: | 2023 |
| Roof Type: | Other |
| Exterior Description: | Good condition |
| Parking Type: | Surface, Other |
| Parking Description: | Street |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Window Unit |
| Zoning Description: | Residential |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 935 | 2,229 | 6,705 |
| Median Age: | 45.51 | 47.54 | 44 |
| Households: | 406 | 946 | 2,621 |
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