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Map

Directions

US 6 to Butler. Property on north side of road.

Description

Great Investment Opportunity with multiple diverse income sources. The property is 1.43 acres that is commercially zoned and includes a 48’x58′, 2,784 sq. ft. retail/restaurant building. Half of the building currently has a well established very successful Nationally Branded Sandwich Business which has been in business for 28 years. The franchise is part of the sale contingent upon approval. The vacant half of the building is ready for remodeling to hold a retail shop, coffee shop or many other uses. Also located on the property is a very well maintained 14’x66′ manufactured home and 15’x22′ garage that has a good rental history. The property is located on a major highway in a very high traffic area with retail businesses all around it. There is much of the 1.43 acre corner lot that is currently unused lawn area that could be further developed for additional buildings, etc. Address is 503, 503 1/2 & 505 W. Main St., Butler (There are 3 separate addresses at this parcel).

Details

  • Property Details

  • MLS #:
    202139716
  • Price
    $349,000
  • Bedrooms
    2
  • Baths Total
    1
  • Full Baths
    1
  • Half Baths
    0
  • Approx. Lot Size Acres
    1.43
  • Approx. Lot Size SqFt
    62,291
  • Class
    Investment
  • DOM
    163
  • Lot Dimensions
    1.43 acre
  • New Construction
    No
  • Parcel ID#
    17-07-02-377-002.000-027
  • Property Sub-Type
    Other
  • State
    IN
  • Style
    One Story
  • Subdivision
    None
  • Total Finished SqFt
    1,992
  • Total SqFt
    3,708
  • Year Built
    1920
  • Zip
    46721
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: June 27 2022, 11:27 PM

Listing courtesy of: Andrew Jagoda, Wible Realty

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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