129 Orpha Dr - Retail FOR SALE


Middlebury, IN 46540
$1,890,000 USD
574-238-1436
129 Orpha Dr, Middlebury, IN for Sale
$1,890,000 USD
Retail - FOR SALE
1/5
null | 7.16% Cap Rate

129 Orpha Dr
Middlebury, IN 46540


OVERVIEW

This high-visibility strip mall is a solid investment, ideally located on a corner lot along heavily traveled US 20. Fully occupied with five suites housing a variety of businesses. The property is well-maintained and offers excellent long-term potential. 100% occupancy with established tenants. The large lot offers opportunity for expansion with proposed plans for extending the existing structure and adding a separate 4,800 SF building. Thriving location; Middlebury is a vibrant, growing community, making this a prime opportunity for long-term returns!

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Pointe

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

B-3 PUD

APN/PARCEL ID

20-08-15-376-068.000-035,20-08-15-376-072.000-035

ASK ABOUT THIS PROPERTY

Steve MillerRE/MAX ResultsMore Info
574-238-1436

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Steve MillerRE/MAX ResultsMore Info
574-238-1436

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