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DeMotte Business Center 401 SE 15th Ave

14,000 SF 100% Leased Office Building Demotte, IN 46310 $1,617,360 CAD ($116 CAD/SF)

Lofts Indiana Demotte 401 SE 15th Ave, Demotte, IN 46310

Executive Summary

VALUE ADD!!! Newly remodeled investment property located in DeMotte and is complete with key card access to all units and 41 paved parking spaces, with close proximity to I 65 highway! All lower level units (8) on the east side of this building are fully occupied, and the entire west side of the property is occupied by a nationally known company. The upper 7,000sf level is ready to be leased as Added Value commercial space currently fitted with 5 offices/spaces along with a full kitchen area and can be updated with new carpet/paint or leased as is. Open space can also be easily converted to 8-10 office spaces or built to suit any potential needs.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
14,000 SF
Building Class
C
Year Built/Renovated
1986/2017
Price
$1,617,360 CAD
Price Per SF
$116 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
0.31
Land Acres
1.04 AC
Zoning
B-2
Parking
41 Spaces (2.78 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
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PROPERTY TAXES

Parcel Number 37-15-35-000-030.000-025 Improvements Assessment $507,447 CAD
Land Assessment $93,333 CAD Total Assessment $600,780 CAD

PROPERTY TAXES

Parcel Number
37-15-35-000-030.000-025
Land Assessment
$93,333 CAD
Improvements Assessment
$507,447 CAD
Total Assessment
$600,780 CAD
(219) 836-4740 x107

  • Listing ID: 31125744

  • Date on Market: 2024-03-05

  • Last Updated:

  • Address: 401 SE 15th Ave, Demotte, IN 46310

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DeMotte Business Center | 401 SE 15th Ave
(219) 836-4740 x 107

DeMotte Business Center | 401 SE 15th Ave

Michael Larson

(219) 836-4740

x107

(219) 836-4740 x107

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