2379 N Main St - Loft/Creative Space FOR SALE


Bluffton, IN 46714
$525,000 USD
260-459-3911
2379 N Main St, Bluffton, IN for Sale
$525,000 USD
Loft/Creative Space - FOR SALE
1/31
null | Request Cap Rate

2379 N Main St
Bluffton, IN 46714


OVERVIEW

Prime Commercial Building in Bluffton! Discover a fantastic investment opportunity with this modern commercial building built in 2019 and offering over 6,100 sq. ft. of versatile space. Designed to accommodate up to 5 rental units, this property currently includes a tenant under a 4-year lease generating over $29,000 annually with scheduled rent increases. KEY FEATURES INCLUDE: **5 Rental Units**: Four office suites and a unique 600 sq. ft. heated garage featuring a 26' high ceiling and a 16' x 12' overhead door. **Independently Controlled Heating and Cooling**: Each unit has its own high-efficiency gas furnace, allowing tenants to manage their comfort. **Expansion Potential**: Additional land is available for future growth on-site, offering exciting options for developers. **Prime Location**: Situated St. Rd. 1 on Bluffton's main north-side traffic corridor, with excellent visibility near Lowes, ensuring maximum exposure. **Originally Listed at $789,000: Starting bid at $300,000, presenting a tremendous investment opportunity. This property is in impeccable condition and poised to offer solid income potential. Don't miss this chance to bid on a premium asset with growth opportunities!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical, Office/Residential, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

-

APN/PARCEL ID

90-05-22-300-005.000-011

ASK ABOUT THIS PROPERTY

Kurt NessNess Bros Realtors & AuctioneersMore Info
260-459-3911

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Kurt NessNess Bros Realtors & AuctioneersMore Info
260-459-3911

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