Full Baths: 3
Style: Office
Year Built: 1976
$485,000
1301 N High Street, Hartford City, IN 47348, US
Remarks
Leased to State of Indiana for the office of Child Protective Services. This 5000 sq ft building has a concrete parking lot, newer roof and newer furnaces. Offered at an 7.8 cap rate +/- based on current rents and expenses. The annual rent is $53,750.04 and expenses for the last full year run approximately $15,900 and appear to be similar in 2024. Lease runs until 2026 and indications are they will renew the lease. Located directly behind Dollar General in Hartford City IN which is the county seat for Blackford County. Great small investment property ideal for a 1031 Exchange or investor looking for small commercial lease property. No real estate taxes per Indiana Statue ic 6-1.1-10-2(b)Details
MLS#: 202432393Price: $485,000
Style: Office
Baths Full: 3
Year Built: 1976
County: Blackford County
Subdivision: Other
Lot Size: 150 X 120
Tax Fee: 0
Resources
Broker Contact
Coldwell Banker Real Estate Group
400 N High St. Suite 110 (Broker: Bernice Helman Manager: Steve Slavin)
Muncie, IN, 47305
US
Mike Lunsford
(765) 289-2228
susan.miller@coldwellhomes.com
Website
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Mid-Eastern Indiana Association of Realtor MLS
Last updated: 2024-08-23T23:32:20.000-05:00.
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