6218-6230 Central Avenue, Portage, IN 46368

$950,000
Property Type: Commercial Sale Square Footage: 12,904 Lot Size (sq. ft.): 50,530 Status: Closed
Current Price: $950,000 List Date: 5/31/2022 Last Modified: 2/24/2024

Overview

Description

GREAT INVESTMENT OPPORTUNITY!! Greatly sought after Commercial Property off of a Major Cooridor is this 7-Unit Strip!! New Business Owner to Open with Solid Long Term Tenants - in 6 Units!! Middle unit is vacant w/4500 sq. ft. looking for a great business to begin!! Freshly resurfaced parking lot in 2021 and a 8x8 shed.

Listing Details MLS# 513433

General Property Information

Living Area
12904
Building Area Source
Assessor
Year Built
1972
Lot Size Acres
1.16
Lot Size Square Feet
50530
Lot Size Dimensions
182.38 x 420
Stories
Yes

Property Features

Building Features: Business District Location; Exterior Lighting; Lunch Room; Meeting Room; Private Restrooms; Public Restrooms; Strip Mall Location; Suspended Ceiling(s); Other Construction Materials: Block; Brick; Concrete; Vinyl Siding Cooling: Central Air Current Use: Commercial; Retail Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service Flooring: Carpet; Concrete; Tile; Varies Foundation Details: Block; Brick/Mortar Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Common; Open; Paved Possession: Close Of Escrow; Subject To Tenant Rights Possible Use: Commercial; Medical/Dental; Office; Retail Rail Availability: None Road Frontage Type: City Street Roof: Flat; Rubber Tenant Pays: Gas; Water Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
975000
Property Sub Type
Retail
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
6218-6230
Street Name
Central
Street Suffix
Avenue
County
Porter
State
IN
Postal Code
46368
Subdivision Name
metes and bounds

Remarks and Miscellaneous

Public Remarks
GREAT INVESTMENT OPPORTUNITY!! Greatly sought after Commercial Property off of a Major Cooridor is this 7-Unit Strip!! New Business Owner to Open with Solid Long Term Tenants - in 6 Units!! Middle unit is vacant w/4500 sq. ft. looking for a great business to begin!! Freshly resurfaced parking lot in 2021 and a 8x8 shed.

Status Change Information

Major Change Timestamp
2022-08-24T11:56:33Z
Major Change Type
Status Change
Status Change Timestamp
2022-08-24
Offer Acceptance Date
2022-07-13
Close Date
2022-08-24
Close Price
950000
Concessions
No
Buyer Financing
Conventional

More Information

Building Features

Building Dimensions
163.96x75x60x35x42x50x65x60
Clear Ceiling Height
9-10'
Business District Location
Yes
Exterior Lighting
Yes
Lunch Room
Yes
Meeting Room
Yes
Private Restrooms
Yes
Public Restrooms
Yes
Strip Mall Location
Yes
Suspended Ceiling(s)
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
182.38

Income and Expenses

Expense Year
2021
New Taxes Expense
12566
Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Showing Requirements

Showing Instructions
48 Hr. Notice-tenants -Please use showing assist
Appointment Only
Yes

Historical Information

Public Historical Remarks
Utilities: On, Parking: Public Parking, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
3702
Tax Legal Description
Legal Description: 2- key numbers: E120 W2440.87 S420 N102 NW 13-36-7 1.16AC TIF & 2nd key#64-05-13-126.054.000-016
Parcel Number
640513126053000016
Township
Portage
Directions
Ridge Rd (Rt.6) to Willowcreek Rd., North on Willowcreek to Central Ave., East on Central Ave. to Property

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes
Vinyl Siding
Yes

Cooling

Central Air
Yes

Electric

100 Amp Service
Yes
150 Amp Service
Yes
200+ Amp Service
Yes

Flooring

Carpet
Yes
Concrete
Yes
Tile
Yes
Varies
Yes

Foundation Details

Block
Yes
Brick/Mortar
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Common
Yes
Open
Yes
Paved
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Road Frontage Type

City Street
Yes

Roof

Flat
Yes
Rubber
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes
Water
Yes

Current Use

Commercial
Yes
Retail
Yes

Possible Use

Commercial
Yes
Medical/Dental
Yes
Office
Yes
Retail
Yes

Rail Availability

None
Yes
Listing Office: Home Connection Realty, Inc.
Last Updated: February - 24 - 2024
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