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Listed by Top Notch Realty, LLC
$185,000
Est. payment /mo
2 Baths
1,742 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision College Park
MLS Listing ID IRM202635735
HOA Y/N No
Year Built 1986
Annual Tax Amount $2,608
Tax Year 2026
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 40 X 40
Property Sub-Type Office
Property Description
Excellent Owner-Occupant or Investment Opportunity on Stellhorn Rd. This approximately 1,744SF end-unit professional office condominium offers a unique combination of flexibility, accessibility, and existing rental income. Featuring three separate entrances, the space is currently divided into two functional areas, creating an ideal setup for an owner-user looking to offset expenses with rental income. The owner-occupied portion, approximately half of the total square footage, is planned to be vacant prior to closing and features four private offices, a reception area, and a half-bath providing a move-in-ready opportunity for the next owner. The remaining portion is currently occupied by a month-to-month tenant paying $654 per month, including electric. The tenant has expressed interest in remaining, providing the new owner with the opportunity for immediate rental income while maintaining the flexibility of a month-to-month tenancy. Conveniently located along the Stellhorn Road corridor near Purdue Fort Wayne with easy access to major thoroughfares, shopping, dining, and surrounding businesses. Property is being sold AS-IS. Seller will make no repairs. Buyers should perform their own due diligence regarding property condition, measurements, zoning, permitted uses, lease terms, association requirements, and all other information deemed material. A great opportunity to occupy one side and generate income from the other or explore the possibilities for the entire space. Schedule your private showing today!
Location
State IN
County Allen County
Rooms
Basement Slab
Interior
Heating Forced Air
Inclusions Building, Lease
Fireplace N
Exterior
Parking Features Paved
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 02-08-29-102-032.000-072
Acceptable Financing IRM202635735
Listing Terms IRM202635735
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202635735
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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