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FORMERLY A Bank 118 E Michigan St 5,500 SF Retail Building New Carlisle, IN 46552 $475,000 ($86.36/SF)
INVESTMENT HIGHLIGHTS
- Downtown New Carlisle, High visibility, High traffic. Well preserved building.
- Very near IEC business growth area, ATM room, multi complex option, Upper loft apartment option.
- Drive Thru, retail, office, multi-use, Bank, Credit Union, Exercise, Medical, restaurant
- Near Major Industrial development area consisting of numerous established businesses.
EXECUTIVE SUMMARY
Bring your new or existing business to this beautiful (former bank) building in Downtown New Carlisle- WITH A DRIVE THRU!!! The current main floor plan provides a minimum of 5 different room and space options to customize. The front lobby has a large counter top area, gorgeous high decorative ceilings and a pristine vault. The drive-thru window can host 2 customers! Bring your vision of imagination to the MASSIVE unfinished 2nd floor with over 1900 sq ft. with SUPER HIGH CEILINGS and wide open space that could be studio apartment, fitness area, storage or perhaps a SECOND business! This property is BEAUTIFUL and your OPPORTUNITY is knocking right now! Situated in the Center of the Business, Restaurant, and Storefront district in the GREAT PLACE OF NEW CARLISLE where there is an abundance of US Highway vehicle and foot traffic. This offers many potential uses!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1900/1980
Price
$475,000
Price Per SF
$86.36
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.25 AC
Zoning
TC- Town Center - Business, retail, office, restaurant, medical, insurance, Upper loft apartment.
Bank, "Town Center" Zoning
Parking
8 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
82’ on East Michigan Street
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $160,400 | |
| Land Assessment | $44,000 | Total Assessment | $204,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$44,000
Improvements Assessment
$160,400
Total Assessment
$204,400
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FORMERLY A Bank | 118 E Michigan St
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