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TBD State Road 6

Nappanee, IN 46550
  • $1,250,000
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 202339694
UPDATED: 135 min ago
$1,250,000
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,450
    SQFT
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Listing provided by Brecken Kennedy of Mossy Oak Properties/Indiana Land and Lifestyle: .

Description

Location: The property is located in Nappanee, Indiana, which is an important factor for potential investors. Being situated on a main strip in the town can offer good visibility and accessibility. Building Size: The property includes a 21,450 square foot building. This is a sizable space that could be suitable for various types of businesses or tenants. Income-Producing: The property has a history of generating income, which is a positive indicator for potential investors. It's currently leased on a month-to-month basis however current tenant would like to do a 1-3 year lease. There are prospects for future leasing, providing a stable income potential as well. Acreage: The property includes 3 +/- acres, which could provide space for additional development or outdoor usage, depending on the needs of potential tenants. Road Frontage: The property has excellent road frontage on State Road 6, which can be advantageous for businesses seeking visibility and easy access. Versatility: The building can be split into two units, which offers flexibility for different tenants or income opportunities. This can be a valuable feature for attracting a variety of businesses. Amenities: The property includes essential amenities like bathrooms, a sprinkler system, an office area, dock doors, and electrical infrastructure, which can be important for various types of businesses. Investing in commercial real estate can be a lucrative venture, and this property appears to have several positive aspects that could make it a valuable investment opportunity.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-02-27T00:27:49.047.

www.movingwithteammelton.com/homes/144807407
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TBD State Road 6 Nappanee, IN 46550

  • Price: $1,250,000
  • Status: Active
  • On Site: 121 Days
  • Updated: 135 min ago
  • MLS #: 202339694
0
Beds
0
Baths
0
½ Baths
3
Acres
21,450
SQFT
$58
$/SQFT
1975
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Property Description
Location: The property is located in Nappanee, Indiana, which is an important factor for potential investors. Being situated on a main strip in the town can offer good visibility and accessibility. Building Size: The property includes a 21,450 square foot building. This is a sizable space that could be suitable for various types of businesses or tenants. Income-Producing: The property has a history of generating income, which is a positive indicator for potential investors. It's currently leased on a month-to-month basis however current tenant would like to do a 1-3 year lease. There are prospects for future leasing, providing a stable income potential as well. Acreage: The property includes 3 +/- acres, which could provide space for additional development or outdoor usage, depending on the needs of potential tenants. Road Frontage: The property has excellent road frontage on State Road 6, which can be advantageous for businesses seeking visibility and easy access. Versatility: The building can be split into two units, which offers flexibility for different tenants or income opportunities. This can be a valuable feature for attracting a variety of businesses. Amenities: The property includes essential amenities like bathrooms, a sprinkler system, an office area, dock doors, and electrical infrastructure, which can be important for various types of businesses. Investing in commercial real estate can be a lucrative venture, and this property appears to have several positive aspects that could make it a valuable investment opportunity.
Exterior Features

Construction Type1 Mixed use Commercial Docks 6 Exterior Metal Fire Doors YN Yes Lot Dimensions irregular Parking GravelLotUnpaved Parking Type Gravel Parking YN Yes Road Access State Roof Material Metal Security Light YN Yes Signs YN No Waterfront YN No

Interior Features

Basement Foundation None Basement YN No Bldg1 Above Grd Sq Ft 21450 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 150 Ceiling Height 20 Column Spacing 20 Cooling Central Air Flooring Concrete Heating Fuel Forced Air Interior Height 18 Interior Walls Wood Special Features Dock Leveler Total Restrooms 1

Property Features

Annual Taxes 7998 Auction YN No Buildings 1 Burglar Alarm YN Yes Currently Leased YN Yes Documents Available None Enterprise Zone No Equipment YN No Fire Protection CityOther For Sale Or Rent For Sale Gross Monthly Rent 8675 Ingress Egress Gravel Lease Available YN No Lease Term Remaining 1-3 years New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Industrial Reo YN No Sale Includes BuildingLandLease Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Locke Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2022

Listing provided by Brecken Kennedy of Mossy Oak Properties/Indiana Land and Lifestyle: .

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-02-27T00:27:49.047.

 
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Listing provided by Brecken Kennedy of Mossy Oak Properties/Indiana Land and Lifestyle: .