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Blue Elephant 200 N Monroe St 5,919 SF Retail Building Williamsport, IN 47993 $295,000 ($49.84/SF)
Investment Highlights
- Located in the historic town of Williamsport, IN
- Current business (Blue Elephant LLC) has been at this location since 1996.
- Great visibility off of SR 28
Executive Summary
Wonderful flex space building. Currently 2,400 square feet of retail space represents the first floor with an additional 1,118 square feet of warehouse space. Some assets include: 9-foot garage door, 200-amp electrical panel, new metal roof installed in 2007 on the retail portion of the building, and new architectural shingles in 2016 on the warehouse portion of the building.
The second floor is 2,400 square feet and is currently a 3-bedroom, 2-bathroom apartment, which can be subdivided into more units. A new gas furnace was put in place in 2019, and in 2017 the windows on the front and south side of the building were replaced.
Price:
$350,000 for Building, Business and Contents
$295,000 for Building Alone
The second floor is 2,400 square feet and is currently a 3-bedroom, 2-bathroom apartment, which can be subdivided into more units. A new gas furnace was put in place in 2019, and in 2017 the windows on the front and south side of the building were replaced.
Price:
$350,000 for Building, Business and Contents
$295,000 for Building Alone
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,919 SF
Building Class
B
Year Built/Renovated
1900/2019
Price
$295,000
Price Per SF
$49.84
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.14 AC
Zoning
Commercial
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 86-12-02-330-529.000-016 | Improvements Assessment | $22,500 |
| Land Assessment | $9,400 | Total Assessment | $31,900 |
Property Taxes
Parcel Number
86-12-02-330-529.000-016
Land Assessment
$9,400
Improvements Assessment
$22,500
Total Assessment
$31,900
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Blue Elephant | 200 N Monroe St