607 Jefferson AVE

La Porte,IN 46350

$ 400000

- Bed

- Bath

7350 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,350 sqft

Price per Sqft $54

MLS Listing ID 543279

Year Built 1918

Annual Tax Amount $3,720

Tax Year 2021

Lot Size 9,313 Sqft

Acres 0.2138

Lot Dimensions 46x115

Property Description

Prime commercial property with 2-3 main floor retail/office units featuring separate entrances, each leaseable at $1K/mo. 2 ADA compliant bathrooms 1 regular on main level. 2nd story offers 1-2 residential apt. one tenant-occupied, the other a blank canvas for your creative touch, each leasable for $1K/mo. Clean 3325 SF basement for additional lease space. Operational service elevator goes to all 3 floors. 2 parcels total including 31 parking spots currently leased at $40/month. West of this property on Jefferson there was a 58 spot parking lot that sold for $400K, and a 9 parking spot lot sold for $28K. Property is also visible from Lincolnway. New roof in 2022. The city has many new developments drawing interest in this area. 215+ acres just bought by Microsoft to construct a datacenter in LaPorte. A 3.5 billion dollar EV battery plant in New Carlisle. Laporte is the first multi-gig city in Indiana. Expansion is thriving in Laporte. Don't miss this investment opportunity!

Location

State IN

County La Porte

Interior

Interior Features Elevator

Heating Forced Air

Fireplace N

Exterior

View Y/N true

View true

Schools

School District La Porte

Others

Tax ID 460635440017000043

Acceptable Financing NRA20240130153417039801000000

Listing Terms NRA20240130153417039801000000

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