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109 and 111 N Elkhart Street

Wakarusa, IN 46573
  • $312,000
  • STATUS: Sold
  • ON SITE: 421 Days
  • MLS #: 202311766
Sold - 06/23/2023
$312,000
SOLD - 06/23/2023
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,550
    SQFT
Neighborhood:
Type:
Commercial
Built:
1948
County:
Area:

School Ratings & Info

Listing provided by John Piraccini of Coldwell Banker Real Estate Group: Office: 574-277-8000.

Description

Excellent investment opportunity in downtown Wakarusa. The property includes 2 attached buildings at 109 and 111 N Elkhart St. 109 N Elkhart is a 2,100 sf unit and fully leased with 1 year remaining on the lease. Tenant pays all utilities. 111 N Elkhart St. is 9,450 SF and includes 2 main level retail spaces, front and back, and 4 upstairs 1-bedroom apartment units. The front half of downstairs retail is Vacant. Back half of unit and basement leased until end of year (2023). Back unit includes a dock and basement/warehouse space is approx. 2,000 sf with high ceilings and drive-in ramp access in back on building. The 4 upstairs apartments are currently rented and all tenants pay electric. Current total income: $33,000. Financial Sheet is attached. Potential opportunity for more income! Zoned B-1: Neighborhood business district. Taxes: $4,200.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2024-06-13T21:29:28.373.

www.parkerteamhomes.com/homes/138668203
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109 and 111 N Elkhart Street Wakarusa, IN 46573

  • Price: $329,000
  • Status: Sold
  • On Site: 421 Days
  • Updated: 135 min ago
  • MLS #: 202311766
0
Beds
0
Baths
0
½ Baths
0.32
Acres
11,550
SQFT
$0
$/SQFT
1948
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Property Description
Excellent investment opportunity in downtown Wakarusa. The property includes 2 attached buildings at 109 and 111 N Elkhart St. 109 N Elkhart is a 2,100 sf unit and fully leased with 1 year remaining on the lease. Tenant pays all utilities. 111 N Elkhart St. is 9,450 SF and includes 2 main level retail spaces, front and back, and 4 upstairs 1-bedroom apartment units. The front half of downstairs retail is Vacant. Back half of unit and basement leased until end of year (2023). Back unit includes a dock and basement/warehouse space is approx. 2,000 sf with high ceilings and drive-in ramp access in back on building. The 4 upstairs apartments are currently rented and all tenants pay electric. Current total income: $33,000. Financial Sheet is attached. Potential opportunity for more income! Zoned B-1: Neighborhood business district. Taxes: $4,200.
Exterior Features

Construction Type1 Block Exterior Block Fire Doors YN Yes Lot Dimensions 60X166 Parking LotStreet Parking Type Lot And Street Parking YN Yes Road Access City Roof Material Flat Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Full Basement Basement YN Yes Bldg1 Above Grd Sq Ft 11550 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10 Column Spacing 6 Cooling Central AirWindow Flooring CarpetTile Heating Fuel Hot Water Interior Height 10 Interior Walls Drywall Special Features None Total Restrooms 7

Property Features

Annual Taxes 4200 Auction YN No Buildings 2 Burglar Alarm YN No Currently Leased YN No Documents Available Aerial Photo Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Lease Available YN No Lease Term Remaining None New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Mixed Use Reo YN No Sale Includes BuildingLease Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Olive Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2021

Listing provided by John Piraccini of Coldwell Banker Real Estate Group: Office: 574-277-8000.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2024-06-13T21:29:28.373.

 
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Parker Team | Keller Williams Realty
3298 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by John Piraccini of Coldwell Banker Real Estate Group: Office: 574-277-8000.