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12555 IN-23, Granger, IN 12555 SR 23 SR 23 7,973 SF Office Building Granger, IN 46530 $1,075,000 ($134.83/SF)



INVESTMENT HIGHLIGHTS
- Excellent building for various medical, health, or office uses
- 30,000 cars daily at IN-23 and Bittersweet Rd corner
- Large reception/entrance area
- Great location in Granger, IN with strong demographics
- Numerous offices and exam rooms
- Plenty of parking
EXECUTIVE SUMMARY
Excellent opportunity in a versatile space that would fit a various amount of medical, health, or office uses. The building is nearly 8,000 SF with access to both IN-23/Adams Rd and Bittersweet Rd (30,000 cars daily at Bittersweet Rd and SR 23 intersection). The building consists of an impressive reception/entrance area that leads to numerous offices and exam rooms on the first floor. Also on the main level is a larger exam/washing area with sinks, former kennel area from the previous vet clinic, a kitchenette, and storage area for equipment. The second level consists of more offices and an overlook to the reception area that could be converted into an additional office. Plenty of parking available. Fantastic location on the main highway through the heart of Granger, a highly desirable and sought after residential area with strong demographics. The property is also only 1.5 miles from the Indiana/Michigan State Line, less than 3 miles to the IN-Toll Road interchange at IN-331/Capital Ave, 4.5 miles to the Grape Rd/Main St shopping corridor, one of the largest shopping corridors in the state (includes the UP Mall a Simon Mall, Costco, Super Target, and many more shopping, restaurant, and entertainment options), 7.5 miles to the University of Notre Dame, and 10 miles from Downtown Mishawaka, South Bend, and Elkhart. County B: Business. Taxes: $7,486.00. Tax Year: 2024. SELLER WILL CONSIDER SHORT TERM FINANCING OR A SHORT-TERM LEASE WITH AN OPTION TO PURCHASE.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$7,486
|
$0.94
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,486
|
$0.94
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $7,486 |
| Annual Per SF | $0.94 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,486 |
| Annual Per SF | $0.94 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
7,973 SF
Building Class
C
Year Built
1991
Price
$1,075,000
Price Per SF
$134.83
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,973 SF
Building FAR
0.20
Lot Size
0.91 AC
Zoning
Business
Parking
28 Spaces (3.24 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 71-05-07-381-003.000-011 | Total Assessment | $422,900 |
| Land Assessment | $192,500 | Annual Taxes | $7,486 ($0.94/SF) |
| Improvements Assessment | $230,400 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
71-05-07-381-003.000-011
Land Assessment
$192,500
Improvements Assessment
$230,400
Total Assessment
$422,900
Annual Taxes
$7,486 ($0.94/SF)
Tax Year
2024 Payable 2025
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12555 IN-23, Granger, IN | 12555 SR 23 SR 23
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