300 W Washington Street, Rensselaer, IN 47978

$620,000
Property Type: Commercial Sale Square Footage: 4,355 Lot Size (sq. ft.): 23,522 Status: Closed
Current Price: $620,000 List Date: 6/25/2025 Last Modified: 10/10/2025

Overview

Description

Welcome to an exceptional opportunity in the automotive industry! This well-established automotive garage is now available for sale, offering a solution for aspiring entrepreneurs or seasoned professionals looking to expand their operations. Situated in downtown Rensselaer right on US 231, this property presents a strategic location with high visibility and accessibility. The garage is equipped with 5 bays and 4 lifts. 3-10,000lb lifts and 1-14,000lb drive on lift all new in 2021. A welcoming reception area, comfortable waiting lounge, and clean restroom facilities cater to customers' comfort and convenience. A dedicated office space and meeting room is available for administrative tasks, customer consultations, and business operations. Generous parking space for customers and staff, facilitating easy access and enhancing the overall customer experience. Don't miss out on this rare opportunity to acquire a automotive garage in a prime location. Whether you're a seasoned industry pro ...

Listing Details MLS# 823104

General Property Information

Number Of Units Total
Yes
Living Area
4355
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
2002
Parking Total
28
Lot Size Acres
0.54
Lot Size Square Feet
23522.4
Lot Size Source
Other
Waterfront YN
No
Basement YN
No
Stories
Yes

Property Features

Accessibility Features: Accessible Doors Building Features: Exterior Lighting; Hydraulic Lift; Lunch Room; Meeting Room; Private Restrooms; Public Restrooms Business Type: Auto Service; Professional/Office; Restaurant; Retail; Warehouse Construction Materials: Other Cooling: Central Air Current Use: Automotive Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Lighting Flooring: Concrete Heating: Central; Forced Air; Natural Gas Listing Terms: Cash; Contract; Conventional; Lease Purchase; Owner Assisted Lock Box Information: Call Listing Office Lot Features: Corner Lot; Paved Owner Pays: None Parking Features: Additional Parking; On Street Possession: Subject To Tenant Rights Possible Use: Automotive Rail Availability: None Roof: Metal Sewer: Public Sewer Special Licenses: None Special Listing Conditions: Standard Tenant Pays: All Utilities; Grounds Care; HVAC Maintenance; Insurance; Taxes Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Other Water Source: Public

Contract Information

Auction YN
No
Original List Price
649000
Property Sub Type
Business
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
300
Street Direction Prefix
W
Street Name
Washington
Street Suffix
Street
County
Jasper
State
IN
Postal Code
47978

Remarks and Miscellaneous

Public Remarks
Welcome to an exceptional opportunity in the automotive industry! This well-established automotive garage is now available for sale, offering a solution for aspiring entrepreneurs or seasoned professionals looking to expand their operations. Situated in downtown Rensselaer right on US 231, this property presents a strategic location with high visibility and accessibility. The garage is equipped with 5 bays and 4 lifts. 3-10,000lb lifts and 1-14,000lb drive on lift all new in 2021. A welcoming reception area, comfortable waiting lounge, and clean restroom facilities cater to customers' comfort and convenience. A dedicated office space and meeting room is available for administrative tasks, customer consultations, and business operations. Generous parking space for customers and staff, facilitating easy access and enhancing the overall customer experience. Don't miss out on this rare opportunity to acquire a automotive garage in a prime location. Whether you're a seasoned industry professional or an aspiring entrepreneur, this property offers immense potential for growth and success. Think outside the box and turn into a restaurant or business space. Lots of potential. Contact us today to learn more and seize this lucrative investment opportunity! Possible lease or seller financing options available to the right buyer with terms to be discussed based on individual circumstances.

Status Change Information

Major Change Timestamp
2025-10-10T18:43:02Z
Major Change Type
Status Change
Status Change Timestamp
2025-10-10
Offer Acceptance Date
2025-06-25
Close Date
2025-10-10
Close Price
620000
Concessions
No
Buyer Financing
Seller Financing

More Information

Building Features

Building Dimensions
67 x 65
Clear Ceiling Height
16
Number of Offices
Yes
Overhead Doors
5
Cranes
No
Exterior Lighting
Yes
Hydraulic Lift
Yes
Lunch Room
Yes
Meeting Room
Yes
Private Restrooms
Yes
Public Restrooms
Yes

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Listing agent must be present for all showings.

Location, Tax, and Legal

Tax Annual Amount
3580
Tax Year
2024
Tax Legal Description
EXC SLY 50' OL 29 SE NW 30 29 6, .1105A; JCD ASSN LOT 4, .187A, and N40' S50' OL29 SE NW,.05A; JCD ASSN N40' LOT 5; JCD ASSN S10' LOT 5; S10' S50' OL29; ALL IN 30 29 6, and N 30' OL30 SE NW,.06A; JCD ASSN N 30' LOT 6; S 10' OL 29; S 10' JCD ASSN LOT 5 ALL IN 30 29 6.
Parcel Number
0180120500
Additional Parcels YN
Yes
Additional Parcels Description
2 additional lots to the south of building parcels 018-01205-00 and 0180004200
Zoning Description
Business
Township
Marion
Directions
Downtown Rensselaer south of intersections SR 114 and US 231 on corner of Washington and Front
Cross Street
front

Accessibility Features

Accessible Doors
Yes

Construction Materials

Other
Yes

Cooling

Central Air
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Exterior Features

Lighting
Yes

Flooring

Concrete
Yes

Heating

Central
Yes
Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Contract
Yes
Conventional
Yes
Lease Purchase
Yes
Owner Assisted
Yes

Lock Box Information

Call Listing Office
Yes

Lot Features

Corner Lot
Yes
Paved
Yes

Parking Features

Additional Parking
Yes
On Street
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

City
Yes
Other
Yes

Water Source

Public
Yes

Owner Pays

None
Yes

Tenant Pays

All Utilities
Yes
Grounds Care
Yes
HVAC Maintenance
Yes
Insurance
Yes
Taxes
Yes

Current Use

Automotive
Yes

Possible Use

Automotive
Yes

Business Type

Auto Service
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes
Warehouse
Yes

Rail Availability

None
Yes

Special Licenses

None
Yes
Listing Office: Jenkins, REALTORS, INC.
Last Updated: October - 10 - 2025
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