Highland, IN 46322 2549 Highway Avenue
$550,000
Presented By: Tom Boyle with T.J. Boyle Real Estate, Inc. - tjboyle2300@yahoo.com
SQFT • 8,432
Home Details
Unbelievable investment opportunity!! This income property has a quality, long-term tenant, and tenant is responsible for 90% of all maintenance items! Because this building is leased, and has been leased in the past to a state accredited school, the property is exempt for any/all real estate taxes! The building is in a wonderful location in downtown Highland, and building is in very good condition with low maintenance. Gross rent generated is nearly pure income to the building owner. It is the BUILDING ONLY for sale, and not the business. Opportunities for an investment like this one do not come along very often. Do Not Miss Out!!
Presented By: Tom Boyle with T.J. Boyle Real Estate, Inc. - tjboyle2300@yahoo.com
Interior Features for 2549 Highway Avenue
Other Interior Features
Laundry FeaturesNone
Street SuffixAvenue
General for 2549 Highway Avenue
AppliancesNone
Building FeaturesEnclosed Stair(s), Meeting Room, Private Restrooms
CityHighland
Community FeaturesCurbs, Sidewalks
CountyLake
DirectionsKenned Ave to Highway Ave, W to property (on N side)
ElectricCircuit Breakers
Exterior FeaturesPrivate Yard, Rain Gutters
Gross Income60290
HeatingCentral, Forced Air, Natural Gas
Insurance Expense3000
Interior FeaturesEntrance Foyer, High Ceilings
Legal DescriptionPT. W.1/2 SW.1/4 S.21 T.36 R.9 (69.89X1019.12FT) 1.683AC
Lot Size Square Feet73311.48
Net Operating Income57290
OwnerPaysInsurance, Roof Maintenance, See Remarks
Property Attached Y/NNo
Property SubTypeBusiness
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameHighway
Subdivision NameNone
Tax Annual Amount0
Tax Year2024
Taxes$0
Total Actual Rent60290
TownshipNorth
UtilitiesElectricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront Y/NNo
Year Built1968
Zoning DescriptionCommercial
Exterior for 2549 Highway Avenue
FencingNone
Frontage Length69.84
Lot Dimensions69.89x1028.35
Lot FeaturesLandscaped, Paved, Rectangular Lot
Lot Size Acres1.683
Lot Size SourceAssessor
Parking FeaturesAdditional Parking, Asphalt, Off Street, On Site, Parking Lot, Paved
Total Parking60
Water SourcePublic
Additional Details
Price History
Caylie Barras
Broker