Report Listing

Home For Sale

Picture of Home For Sale in Angola, Indiana, United States

$249,900

600 N Wayne St
Angola, Indiana, United States

0.5ba

Listed By: Realtyww Info

Listed On: 09/11/2024

Listing ID: GL11245371 View More Details

Description

Leased Investment Prime Investment Opportunity - estimated, 11% CAP Rate! Introducing! 600 N. Wayne Street Angola, Indiana Affordable, Investment Grade Property w/ Opportunity Zone Tax Incentives! ATTENTION - INVESTORS | 3, 800 SF Commercial Restaurant For Sale Prime NE Indiana Location adjacent to the dynamic Angola Central Business District (CBD) and Trine University! ZONED: C-1 City Commercial The Wayne Street Commercial District is US HWY 127 and is home to many national brands neighboring this prominent investment property High Visibility, Excellent Signage and Average Daily Traffic Counts of 15, 714 Very Well Maintained Commercial Facility with Newer, EPDM Roof and HVAC System(s) both replaced in 2021. Ample On-Site Parking for Customers and Staff Commercial Kitchen Exhaust Hood, Cooler and (3) Bay Sink, Included w/Sale of Real Estate Modified Net Leased Asset through May, 2025; Renewal Option w/Increase to Base Rent of up to 10% is provided for in the Lease Agreement. Priced To Sell: $249, 900 ($65.76/SF) Offered Exclusively By: Robert L. Thatcher CRRP, CRX, CSM, CMD, CLS, CDP Commercial Broker/Advisor - Coldwell Banker Commercial

For more details:

Listed by: Robert L Thatcher
Source: The World Property Journal

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