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  • $245,000

    600 N Wayne St, Angola, IN 46703

    --beds
    3,800sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $261,600 Zestimate®
    $--/sqft
    $-- Estimated rent

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    What's special

    ** 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) & 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 & Average Daily Traffic Counts of 15,714 Very Well Maintained Commercial Facility with Newer, EPDM Roof & HVAC System(s) both replaced in 2021. Ample On-Site Parking for Customers & Staff Commercial Kitchen Exhaust Hood, Cooler & (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

    Zillow last checked: 8 hours ago

    Listing updated: October 08, 2024 at 05:51am

    Listed by:

    Robert L Thatcher Cell:574-596-1576,

    Coldwell Banker Real Estate Group

    Bought with:

    Robert Burnsworth, RB14042756

    Coldwell Banker Real Estate Gr

    Source: IRMLS,MLS#: 202433588MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air, Other
    Features
    • Storage
    • Flooring: Concrete
    • Has basement: No
    Interior area
    • Total structure area: 3,800
    • Total interior livable area: 3,800 sqft
    • Finished area above ground: 3,800
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 20
    • Parking features: Gravel, Off Street, Paved, Private, Unpaved, Asphalt
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.33 Acres
    • Dimensions: 66' x 219'
    • Features: Corner Lot, Level, City/Town/Suburb, Near College Campus
    Details
    • Additional structures: None
    • Parcel number: 760626120313.010012
    • Zoning: C1
    • Zoning description: Commercial Business District

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Metal Siding, Wood Siding, Masonry
    • Foundation: Slab
    • Roof: Flat,Metal,Rubber
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: City
    • Water: City
    Green energy
    • Energy efficient items: HVAC, Roof

    Community & neighborhood

    Location
    • Region: Angola
    • Subdivision: North Wayne

    HOA & financial

    Other financial information
    • Total actual rent: 32400

    Other

    Other facts
    • Listing terms: Cash
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $261,600
    2% more+$5,232
    With Zillow Showcase(estimated)$266,832