120 N Main Street

Highlights:

• Basement: Other Basement
• Age: Over 50 Years Old

Description:

120 North Main Street Churubusco, Indiana 46723 US HWY 33 Frontage - ADT 15,253 VPD 10,143 SF | .08 Acre | Rural Opportunity Zone Designation!! Rare opportunity to acquire an affordable, quality Multi-Tenant Investment Property strategically positioned just northwest of Ft. Wayne, Indiana | Property Highlights & Building Specifications: 3,381 +/- SF Main-Level Commercial - FOR SALE or FOR LEASE Three (3) Attractive Upper-Level Apartments - 100% Leased, Yielding Monthly Cash Flow Commercial Kitchen featuring Large, Stainless Steel Exhaust Hood with Ansul Fire Suppression System, Vented, Three Bay Commercial Sink w/Grease Trap & other Restaurant FF&E (Refers and Coolers) Included with the Sale or Lease ADA Compliant Restrooms & Ramped Ingress & Egress Quality, Wood Frame Construction w/ Primarily Masonry Exterior - Tall Ceilings (above grade) Full Lower-Level Basement - w/Wet Sprinkler System - Excellent Utility, Multiple Uses Adequate Electrical Service, Natural Gas HVAC & Water Heaters Site Features: Zoned General Business (GB) - Excellent Central Business District Location w/Parking Municipal Water/Sewer & Off Street Parking Lots Ideal For Restaurant Owner Operator or potentially Lease w/Option to Purchase Retail of All Types Medical/Dental Practice Equipment Sales & Service, Lease Terms: Upper-Level Apartments: 3,381 +/- SF $900 - $1,090/Month - 100% Occupied Main Level Commercial: 3,381 +/- SF at Just $8.00/SF Modified Gross 3-5 Year Term, Preferred Lower-Leve Flex Space: 3,381 +/- SF - Make an Offer! Bonus to Proforma Income Analysis Total Gross Building Area 10,143 +/- SF

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Listing ID: a3dec670-a63c-4a8a-b1eb-40e8cf5fc881

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