Log In/Sign Up
Your email has been sent.
McCasland Plaza 5957-5991 Mccasland Ave 9,045 SF 100% Leased Retail Building Portage, IN 46368 $728,000 ($80.49/SF)
Executive Summary
6 unit office/retail building with facade upgrade and 80% new roof. Two units have leases into 2027, one into 2028, one just signed a new 1 year lease and one expires in May of 2025. The unit available in May is 1,200 sf and is nicely decorated with 3 individual offices, kitchenette and washroom. Dedicated off street parking located 750' south of Indiana Toll Road exit at Willowcreek.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,045 SF
Building Class
C
Year Built
1961
Price
$728,000
Price Per SF
$80.49
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.77 AC
Zoning
OC - Office Commercial
Parking
46 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 64-05-11-481-015.000-016 | Improvements Assessment | $175,200 |
| Land Assessment | $62,600 | Total Assessment | $237,800 |
Property Taxes
Parcel Number
64-05-11-481-015.000-016
Land Assessment
$62,600
Improvements Assessment
$175,200
Total Assessment
$237,800
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
McCasland Plaza | 5957-5991 Mccasland Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.