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McCasland Plaza 5957-5991 Mccasland Ave 9,045 SF Vacant 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
Vacant
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
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Nicely decorated office with three separate office, larger common space, kitchenette and washroom. Clean and well kept with carpet floors and painted wall.
| Space | Size | Space Use | Position | Available |
| 5979 | 1,200 SF | Retail | - | Now |
5979
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
5979
| Size | 1,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Nicely decorated office with three separate office, larger common space, kitchenette and washroom. Clean and well kept with carpet floors and painted wall.
NEARBY MAJOR RETAILERS
Fifth Third Bank
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
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McCasland Plaza | 5957-5991 Mccasland Ave
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