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3708 Indiana 9

2,688 SF 100% Leased Flex Building Anderson, IN 46012 $281,280 CAD ($105 CAD/SF)

Investment Highlights

  • 1 Garage/workshop, 1 office, 1 apartment
  • Excellent cash flow opportunity.

Executive Summary

Excellent Rental Income Flow! This is a property has three units that rent for $1000/mo, $800/mo, $800/mo. The main level is a garage/repair shop. Upstairs there is a remodeled office unit with full bath and a remodeled 1 bedroom/1bath apartment. There is a new HVAC system and new AC units for the two upper units. All wiring, siding, the roof, and plumbing are updated. The landlord pays for gas and electric for the entire building. There is an upper level deck and a full rear privacy fence fence + LED security light. Zoned General Commercial. Grab this opportunity today!

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $43,880 $16.32
Other Income - -
Vacancy Loss - -
Effective Gross Income $43,880 $16.32
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual $43,880
Annual Per SF $16.32
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $43,880
Annual Per SF $16.32
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $281,280 CAD
Price Per SF $105 CAD
Sale Type Investment
Property Type
Flex
  • General Retail Auto Repair
  • OfficeLoft Creative Space
  • Office Office Live Work Unit
Building Class B
Lot Size 0.46 AC
Rentable Building Area 2,688 SF
No. Stories 2
Year Built/Renovated 1967/2024

Amenities

  • Fenced Lot
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-07-30-200-022.000-029
Land Assessment
$28,550 CAD (2023)
Improvements Assessment
$41,489 CAD (2023)
Total Assessment
$70,039 CAD (2023)

zoning

Zoning Code Business/Commercial (Zoned commercial. Apt currently has variance that will expire and need to be reapplied for unless new owner wants to switch that unit back to office)
Business/Commercial (Zoned commercial. Apt currently has variance that will expire and need to be reapplied for unless new owner wants to switch that unit back to office)
  • Listing ID: 33314337

  • Date on Market: 2024-09-26

  • Last Updated:

  • Address: 3708 Indiana 9, Anderson, IN 46012

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