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3325 E Market St 9,219 SF Retail Building Logansport, IN 46947 $895,000 ($97.08/SF)
INVESTMENT HIGHLIGHTS
- Road frontage on E. Market St. and Maplewood Dr.
- Excellent visibility from E. Market St.
- Possible redevelopment opportunity.
- Owner user with rental income.
- Three parcels with two retail buildings available for sale.
EXECUTIVE SUMMARY
Three parcels with two retail buildings available for sale. Flexible General Business zoning allows for many uses. The Retail building located at 3325 E Market St. is occupied by a tenant with a month to month agreement for $3,200 per month. The larger building located at 3325 E Market St is a retail/ machine repair business is currently occupied by the owner. A third parcel, located to the rear of the other retail buildings, is undeveloped and offers road frontage on Maplewood Dr.
The location provides an excellent opportunities for owner occupancy with rental income. This is also a great location for redevelopment with flexible zoning and frontage on two roads.
The location provides an excellent opportunities for owner occupancy with rental income. This is also a great location for redevelopment with flexible zoning and frontage on two roads.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,219 SF
Building Class
C
Year Built
1950
Price
$895,000
Price Per SF
$97.08
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
3.61 AC
Zoning
GB - General Business
Parking
31 Spaces (3.36 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $73,700 | |
| Land Assessment | $240,400 | Total Assessment | $314,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$240,400
Improvements Assessment
$73,700
Total Assessment
$314,100
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Presented by
Summerland Realty Group, LLC
3325 E Market St
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