6331-6341 Central Avenue, Portage, IN 46368
$715,000
Property Type:
Commercial Sale
Square Footage:
8,748
Lot Size (sq. ft.):
54,450
Status:
Closed
Current Price:
$715,000
List Date:
8/14/2019
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 460661
General Property Information
- Living Area
- 8748
- Building Area Source
- Assessor
- Year Built
- 1979
- Lot Size Acres
- 1.25
- Lot Size Square Feet
- 54450
- Lot Size Dimensions
- 1.25 Acres
- Stories
- 0
Property Features
Building Features:
Business District Location; Private Restrooms; Strip Mall Location; Other
Construction Materials:
Block; Stucco
Cooling:
Central Air
Current Use:
Office; Retail
Electric:
Other
Flooring:
Concrete; Varies
Foundation Details:
Block; Concrete Perimeter
Heating:
Forced Air
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Paved; Private
Possession:
Negotiable; Subject To Tenant Rights
Possible Use:
Medical/Dental; Office; Retail
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Flat; Other
Security Features:
Other
Tenant Pays:
Gas
Utilities:
Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Showing Requirements:
Appointment Only; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 860000
- Property Sub Type
- Retail
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 6331-6341
- Street Name
- Central
- Street Suffix
- Avenue
- County
- Porter
- State
- IN
- Postal Code
- 46368
- Subdivision Name
- N/A
Remarks and Miscellaneous
- Public Remarks
- Excellent 6-unit investment property located across the street from Founders' Square Park. Several established service and retail businesses located here, with a nice variety of offerings. Salon, Accounting Firm, Market, Dance Studio, etc. Brick and stucco exterior and approximately 68 parking spots with great frontage on Central Avenue with a car count of over 8,000 per day and a 5-mile population estimated at 76,000. 48 hours notice - SHOWING BY APPT ONLY - schedule your showing today.
Status Change Information
- Major Change Timestamp
- 2024-02-18T02:37:08Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2024-02-18T02:37:08Z
- Status Change Timestamp
- 2021-10-13
- Offer Acceptance Date
- 2021-07-09
- Close Date
- 2021-10-13
- Close Price
- 715000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Expense Year
- 2018
- Gross Scheduled Income
- 90870
- Insurance Expense
- 4799
- Net Operating Income
- 68332
- New Taxes Expense
- 9256
- Sewer Expense
- 5308
- Trash Expense
- 912
- Water Expense
- 1317
- Electric Expense
- 0
- Gross Income
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
Showing Requirements
- Showing Instructions
- Use Showing Assist. By appointment only with notice.
- Appointment Only
- Yes
- Listing Agent Must Accompany
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On
Location, Tax, and Legal
- Postal Code +4
- 3801
- Tax Legal Description
- Legal Description: W156 E494 N350 SW NE 13-36-7 1.25A TIF
- Parcel Number
- 640513251007000016
- Township
- Portage
- Directions
- Hwy 6 to Willowcreek Rd nort on Willowcreek Rd, Willowcreek Rd to Central Ave, go east on Central Ave to property on south side of the road.
- Cross Street
- Hamstrom Rd
Construction Materials
- Block
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
Electric
- Other
- Yes
Flooring
- Concrete
- Yes
- Varies
- Yes
Foundation Details
- Block
- Yes
- Concrete Perimeter
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Paved
- Yes
- Private
- Yes
Possession
- Negotiable
- Yes
- Subject To Tenant Rights
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Flat
- Yes
- Other
- Yes
Security Features
- Other
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- Gas
- Yes
Current Use
- Office
- Yes
- Retail
- Yes
Possible Use
- Medical/Dental
- Yes
- Office
- Yes
- Retail
- Yes
Building Features
- Business District Location
- Yes
- Private Restrooms
- Yes
- Strip Mall Location
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
RE/MAX Lifestyles
Last Updated: February - 24 - 2024
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