118 E Michigan St - Bank FOR SALE


New Carlisle, IN 46552
$475,000 USD
219-393-9163
118 E Michigan St, New Carlisle, IN for Sale
$475,000 USD
Bank - FOR SALE
1/32
null | Request Cap Rate

118 E Michigan St
New Carlisle, IN 46552


HIGHLIGHTS

  • Downtown New Carlisle, High visibility, High traffic. Well preserved building.
  • Drive Thru, retail, office, multi-use, Bank, Credit Union, Exercise, Medical, restaurant
  • Very near IEC business growth area, ATM room, multi complex option, Upper loft apartment option.
  • Near Major Industrial development area consisting of numerous established businesses.

OVERVIEW

Bring your new or existing business to this beautiful (former bank) building in Downtown New Carlisle- WITH A DRIVE THRU!!! The current main floor plan provides a minimum of 5 different room and space options to customize. The front lobby has a large counter top area, gorgeous high decorative ceilings and a pristine vault. The drive-thru window can host 2 customers! Bring your vision of imagination to the MASSIVE unfinished 2nd floor with over 1900 sq ft. with SUPER HIGH CEILINGS and wide open space that could be studio apartment, fitness area, storage or perhaps a SECOND business! This property is BEAUTIFUL and your OPPORTUNITY is knocking right now! Situated in the Center of the Business, Restaurant, and Storefront district in the GREAT PLACE OF NEW CARLISLE where there is an abundance of US Highway vehicle and foot traffic. This offers many potential uses!

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Converted

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

FORMERLY A Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Convenience Store, Loft/Creative Space, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

TC- Town Center

APN/PARCEL ID

71-01-34-235-007.000-018,71-01-34-235-008.000-018,71-01-34-235-009.000-018

ASK ABOUT THIS PROPERTY

Jay TenutaColdwell Banker 1st ChoiceMore Info
219-393-9163

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Jay TenutaColdwell Banker 1st ChoiceMore Info
219-393-9163

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.