Warsaw, IN 46580,110 E Prairie Street
Warsaw, IN 46580,110 E Prairie Street
Warsaw, IN 46580,110 E Prairie Street
Warsaw, IN 46580,110 E Prairie Street
Warsaw, IN 46580,110 E Prairie Street
Warsaw, IN 46580,110 E Prairie Street
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$215,000

$235,000

8.5%
Est.Price: ?

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Est. payment /mo

0.57 Acres Lot


SOLD DATE : 10/05/2021

Key Details

Sold Price $215,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Other

MLS Listing ID 202102213

Sold Date 10/05/21

Year Built 1989

Annual Tax Amount $3,637

Tax Year 2020

Lot Size 0.570 Acres

Property Description

Attention investors! Modern post & beam constructed office building with four units, all leased with stable tenants and 2+ years remaining on existing leases. Convenient in-town location just one half block east of St Rd 15 and one block south of St Rd 25 (four blocks south of the courthouse). Easy in and out location, horseshoe shaped driveway with newer asphalt parking. Tenants pay all utilities (NIPSCO natural gas & electric, city sewer), private well. Suites 1-3 have GFA heat and central AC, suite 4 is unfinished storage unit with overhead door and hanging unit heater. Suite 1 (west end): $491.48 per month (includes pro-rated portion of taxes and insurance), lease term 3 years, 8-1-2019 thru 8-1-2022. Suites 2 & 3 (middle two units leased by same tenant): $2,041.88 per month (gross combined income for both unites) (includes pro-rated portion of taxes and insurance), lease term 5 years, 8-1-2019 thru 7-31-2024. Suite 4 (east end with overhead door): $150 per month, lease term 4 years 8-1-2019 thru 8-1-2023.

Location

State IN

Area Kosciusko County

Zoning C2

Direction From Winona Avenue (at the intersection of St Rd 25 and St Rd 15), go south on to Buffalo St (St Rd 15), east on Prairie St, go one half block, building on south side of street.

Interior

Flooring Carpet, Concrete, Vinyl

Appliance Building, Land, Lease

Laundry , 26

Exterior

Fence None

Waterfront No

Roof Type Shingle

Parking Type Off-street, asphalt

Total Parking Spaces 26

Building

Story 1

New Construction No

Others

Financing Cash,Conventional

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Indiana Regional MLS (IRMLS)
Listed by Dave Blackwell • Blackwell Real Estate
Bought with Randy Paris • Paris Property Management, LLC
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