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8895 US-35 5,100 SF Specialty Building Offered at $349,500 in Monterey, IN 46960
Investment Highlights
- 38 storage units are a total of 5,100 SF.
- 497.8 feet of frontage on U.S. 35.
- 16 - 10'x20', 16 - 10'x10' and 6 5'x10 storage units.
- Along with a 3,502 SF single family home all sitting on 14.38 +/- Acres
Executive Summary
This income property has 38 storage units along with a 3,502 SF single family home all sitting on 14.38 +/- Acres. 38 storage units are a total of 5,100 SF. 32 out of the 38 units are leased. 16 - 10'x20', 16 - 10'x10' and 6 - 5'x10 storage units. Lots of ways to generate income with this property: rent storage units, rent outside parking or rent space on the billboard and rent the back 8 acres tillable land for a farmer. See attached Why Indiana on all the great benefits to move your business to Indiana. 497.8 feet of frontage on U.S. 35. Property is broker owned.
This is located in Monterey, Indiana. Just south of Bass Lake. From I 65 South take Rt 231 to Route 8 to 39 South to 10 East to 35 South to property. From I 65 take Route 30 East to U.S. 35 South to property.
This is located in Monterey, Indiana. Just south of Bass Lake. From I 65 South take Rt 231 to Route 8 to 39 South to 10 East to 35 South to property. From I 65 take Route 30 East to U.S. 35 South to property.
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2,519
|
$0.49
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,519
|
$0.49
|
Financial Summary (Actual - 2021)
| Taxes | |
|---|---|
| Annual | $2,519 |
| Annual Per SF | $0.49 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,519 |
| Annual Per SF | $0.49 |
Property Facts
| Price | $349,500 | Building Class | C |
| Price Per SF | $68.53 | Lot Size | 14.38 AC |
| Sale Type | Investment | Building Size | 5,100 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 2000 |
| Zoning | LB - Local Business District. | ||
| Price | $349,500 |
| Price Per SF | $68.53 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 14.38 AC |
| Building Size | 5,100 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Zoning | LB - Local Business District. |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 75-10-35-400-033.000-002 | Total Assessment | $156,700 (2025) |
| Land Assessment | $63,400 (2025) | Annual Taxes | $2,519 ($0.49/SF) |
| Improvements Assessment | $93,300 (2025) | Tax Year | 2021 Payable 2022 |
Property Taxes
Parcel Number
75-10-35-400-033.000-002
Land Assessment
$63,400 (2025)
Improvements Assessment
$93,300 (2025)
Total Assessment
$156,700 (2025)
Annual Taxes
$2,519 ($0.49/SF)
Tax Year
2021 Payable 2022
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8895 US-35