$250,000
110 E Prairie Street
Attention investors! Modern post & beam constructed office building with four units, all leased with stable tenants and 2+ years remaining on existing leases. Convenient in-town location just one half block east of St Rd 15 and one block south of St Rd 25 (four blocks south of the courthouse). Easy in and out location, horseshoe shaped driveway with newer asphalt parking. Tenants pay all utilities (NIPSCO natural gas & electric, city sewer), private well. Suites 1-3 have GFA heat and central AC, suite 4 is unfinished storage unit with overhead door and hanging unit heater. Suite 1 (west end): $491.48 per month (includes pro-rated portion of taxes and insurance), lease term 3 years, 8-1-2019 thru 8-1-2022. Suites 2 & 3 (middle two units leased by same tenant): $2,041.88 per month (gross combined income for both unites) (includes pro-rated portion of taxes and insurance), lease term 5 years, 8-1-2019 thru 7-31-2024. Suite 4 (east end with overhead door): $150 per month, lease term 4 years 8-1-2019 thru 8-1-2023.
Map to 110 E Prairie Street, Warsaw, IN 46580
MLS #
202102213
Status
Active
Property Type
Commercial
Property SubType
Office
New Construction
No
Type
Office
Annual Taxes
$3,637.00
Year Taxes Payable
2020
Year Built
1989
Virtual Tour
propertypanorama.com »
Days on Market
41
Additional
External Features
Construction
Office
Lot Size
24,829 sq ft
Location
Area
Kosciusko County
County
Kosciusko
Subdivision
Other
Township
Wayne
City
Warsaw
State
IN
Zip
46580
Financial
Assoc. Dues
$0.00
| MLS # | 202102213 |
|---|---|
| Status | Active |
| Property Type | Commercial |
| Property SubType | Office |
| New Construction | No |
| Type | Office |
| Annual Taxes | $3,637.00 |
| Year Taxes Payable | 2020 |
| Year Built | 1989 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 41 |
| Construction | Office |
|---|---|
| Lot Size | 24,829 sq ft |
| Area | Kosciusko County |
|---|---|
| County | Kosciusko |
| Subdivision | Other |
| Township | Wayne |
| City | Warsaw |
| State | IN |
| Zip | 46580 |
| Assoc. Dues | $0.00 |
|---|
MLS# 202102213. IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Dave Blackwell
Blackwell Real Estate
Listing information last updated
Monday, March 1st, 2021 at 4:45 AM EST.