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Listed by Coldwell Banker Real Estate Gr
$525,000
Est. payment /mo
3 Baths
0.72 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202606829
HOA Y/N No
Year Built 1861
Annual Tax Amount $2,196
Tax Year 2024
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions 178x175
Property Sub-Type Retail
Property Description
Opportunities are abundant in this Retail/Office C-1 property that has been stylishly restored to accommodate your New Business while already having a tenant for instant rental income that generates $63,000 per year. Located on the high traffic State Rd 120, just 5 miles from the 80/90 Toll Road Interchange, and 10 miles from downtown Shipshewana. This location gives patrons/clients easy access to this stunning Commercial property that has established multiple shops/rental spaces/events and is now ready for you to build your Dream business. The white building was once a hotel and has a grand staircase, beautiful fixtures, and an upstairs ready for you to finish off for apartments, offices, or potential VRBO's. There is also a 30x40 barn that was used as a Pottery Studio, has water, heat & electrical with 4 hook ups for kilns available, or can be transformed into your vision for Events, parties, or storage on the .72 acre lot. Plenty of parking in the front & back, this property is in the Heart of Howe, surrounded by Restaurants, Shops, and across from the Town Park. Close to area lakes, 2 campgrounds, golf courses, and parks for a destination not just a business.
Location
State IN
County Lagrange County
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Inclusions Building, Land, Lease
Fireplace N
Exterior
Parking Features Off Street, Public Parking
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 44-02-30-300-001.078-012
Acceptable Financing IRM202606829
Listing Terms IRM202606829
Special Listing Condition None
Virtual Tour https://youtu.be/PgTXybCG29g
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