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118-122 N. Detroit St. 118-122 N. Detroit St. 12,804 SF Office Building Lagrange, IN 46761 For Sale
Investment Highlights
- Value add potential with recently vacated commercial space
- Commercial space is well-kept and in good condition
- Sale Price: Negotiable upon offer
- Mixed-use capability with possibility for apartments upstairs
- Additional storage included with property
- Lease Rate: $12.00 SF/yr NNN
Executive Summary
Uncover an exceptional opportunity with the 12,804 SF property at 118-122 N. Detroit St., LaGrange, IN. Built in 1890, this historic building holds undeniable appeal. Boasting exceptional value-add potential, the property features recently vacated commercial space with mixed-use capability, including the exciting prospect of apartments upstairs. The meticulously maintained space, together with additional storage, ensures seamless function and potential for additional income. With a negotiable sale price and offering a lease rate of $12.00 SF/yr NNN, this property promises a compelling opportunity within the LaGrange County area.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,804 SF
Building Class
C
Year Built
1890
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,402 SF
Building FAR
1.08
Lot Size
0.27 AC
Zoning
B-4 - Business
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 3,000-9,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,000-9,000 SF | Office | - | Now |
1st Floor
| Size |
| 3,000-9,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
Property Taxes
| Parcel Numbers | Improvements Assessment | $315,400 | |
| Land Assessment | $31,200 | Total Assessment | $346,600 |
Property Taxes
Parcel Numbers
Land Assessment
$31,200
Improvements Assessment
$315,400
Total Assessment
$346,600
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118-122 N. Detroit St. | 118-122 N. Detroit St.
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