Remarks

Prime commercial property with 2-3 main floor retail/office units featuring separate entrances, each leaseable at $1K/mo. 2 ADA compliant bathrooms 1 regular on main level. 2nd story offers 1-2 residential apt. one tenant-occupied, the other a blank canvas for your creative touch, each leasable for $1K/mo. Clean 3325 SF basement for additional lease space. Operational service elevator goes to all 3 floors. 2 parcels total including 31 parking spots currently leased at $40/month. West of this property on Jefferson there was a 58 spot parking lot that sold for $400K, and a 9 parking spot lot sold for $28K. Property is also visible from Lincolnway. New roof in 2022. The city has many new developments drawing interest in this area. 215+ acres just bought by Microsoft to construct a datacenter in LaPorte. A 3.5 billion dollar EV battery plant in New Carlisle. Laporte is the first multi-gig city in Indiana. Expansion is thriving in Laporte. Don't miss this investment opportunity!

Details

MLS#: 543279
Price: $400,000

Style: Retail
Sq Ft: 7350
Year Built: 1918

County: La Porte
Subdivision: none
Lot Size: 46x115
Tax Fee: 3720

School District: La Porte