1632 S State Road 101, Dillsboro, IN 47018
sale
$425,000
|
Other
Courtesy Of Lohmiller Real Estate
4.7 acres in a high visibility location at the intersection of US 50 & SR 101 with a daily traffic count of 9,722. The highest and best use of the site will be the eventual redevelopment for another commercial use; would be an excellent location for a large gas station and convenience store. Until then, the property has multiple income sources with 3 buildings. Building 1 is two units in excellent condition with a residential apartment on the first floor and a professional office on the second floor totaling 1,287 sq ft. Building 2 needs some work but is a 2,400 sq ft muti-purpose single story that could be used for retail, office or warehouse. Building 3 is 784 sq ft and is divided up into 10 mini self-storage units, all with exterior access. All of the units on the property are currently vacant allowing the next owner to set it up however they desire! This is a great investment property to produce income until you are ready to break ground on a future redevelopment!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Metal Siding
- Exterior Type: Wood Siding
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floors: 2
- MLSID: 205155
- Roof Type: Metal
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