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    109 and 111 N Elkhart Street

    Wakarusa, IN 46573
    • $249,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 202045248
    UPDATED: 30 min ago
    $249,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,550
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    Excellent investment opportunity in downtown Wakarusa. The property includes 2 attached buildings at 109 and 111 N Elkhart St. 109 N Elkhart St. is a 2,100 SF unit and fully leased and tenant pays utilities. 111 N Elkhart St includes 2 main level retail spaces, front and back, and 4 upstairs 1-bedroom apartment units. The front half is leased with a gross lease and the back half is ready for a new tenant to finish the space to their needs. Back unit also includes a dock and lower level storage access with a drive down ramp. 3 of the 4 upstairs apartments are currently rented and tenants pay electric. Current total income: $32,400. Potential opportunity for more income. Zoned B-1 Neighborhood Business District. Taxes: $4,139 Tax Year: 2019

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    © 2020 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 The Dauby Team | Keller Williams Realty. Data last updated: 2020-11-30T11:28:15.403.

    www.thedaubyteam.com/homes/111752466
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    109 and 111 N Elkhart Street Wakarusa, IN 46573

    • Price: $249,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 202045248
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    11,550
    SQFT
    $22
    $/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 St. is a 2,100 SF unit and fully leased and tenant pays utilities. 111 N Elkhart St includes 2 main level retail spaces, front and back, and 4 upstairs 1-bedroom apartment units. The front half is leased with a gross lease and the back half is ready for a new tenant to finish the space to their needs. Back unit also includes a dock and lower level storage access with a drive down ramp. 3 of the 4 upstairs apartments are currently rented and tenants pay electric. Current total income: $32,400. Potential opportunity for more income. Zoned B-1 Neighborhood Business District. Taxes: $4,139 Tax Year: 2019
    Exterior Features

    Construction Type1 Masonry Exterior Masonry Fire Doors YN No Lot Dimensions 60X166 Parking LotOff-Street Parking Type Street Parking/Lot Behind Building 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 Outside EntranceUnfinished Basement YN Yes Bldg1 Above Grd Sq Ft 11550 Bldg1 Below Grd Sq Ft 2500 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10 Column Spacing 6 Cooling Window Flooring CarpetConcreteWood Heating Fuel Multiple Heating Systems Interior Height 14 Interior Walls Drywall Special Features Living SpaceLoading Dock 1AlleyBasementDelivery DoorOffice Space Total Restrooms 7

    Property Features

    Annual Taxes 4139 Auction YN No Buildings 2 Burglar Alarm YN No Currently Leased YN Yes Documents Available None 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 N/A New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Retail 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 2019

    Listing courtesy of John Piraccini of Coldwell Banker Real Estate Group.
    © 2020 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 The Dauby Team | Keller Williams Realty.


    © 2020 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 The Dauby Team | Keller Williams Realty. Data last updated: 2020-11-30T11:28:15.403.

     
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    The Dauby Team | Keller Williams Realty
    4424 Vogel Rd, Suite 300
    Evansville IN, 47715