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Map

Directions

From Downtown Bluffton head to N Main St., passed Monroe e St. property is on the right side.

Description

**Auction Opportunity: Prime Commercial Building in Bluffton** This is an ONLINE Real Estate Auction. All offers must be submitted ONLINE. The current highest bid amount will be available to the public. The Bankruptcy Trustee will review the Highest Offer on Wednesday, December 4 @ 3pm. There will be Two Open House dates to view the property on Wed. Nov. 20 (2-3 pm) and Nov. 27 (2-3 pm). <<>> 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!

Details

  • Property Details

  • MLS #:
    202442809
  • Price
    $560,800
  • Approx. Lot Size Acres
    0.61
  • Approx. Lot Size SqFt
    26,572
  • Class
    Commercial
  • DOM
    32
  • Lot Dimensions
    234 x 84
  • New Construction
    No
  • Parcel ID#
    90-05-22-300-005.000-011
  • Property Sub-Type
    Office
  • State
    IN
  • Subdivision
    None
  • Year Built
    2019
  • Zip
    46714
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: December 8 2024, 6:01 AM

Listing courtesy of: Kurt Ness, Ness Bros. Realtors & Auctioneers

IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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