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$ 1,515,000
Est. payment | /mo
0.85 Acres Lot
$ 1,515,000
Est. payment | /mo
0.85 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202421407
Year Built 1951
Annual Tax Amount $22,181
Tax Year 2023
Lot Size 0.852 Acres
Property Description
Introducing the Former Horner's Corner Building, a premier commercial property located in downtown Crawfordsville. The property boasts 13,435 sq. ft. of versatile rental space divided into 9 units, with 8 currently under contract. It features 49 striped parking spaces on a newly blacktopped lot and an additional 6 covered spaces rented to a nearby business. The building generates a monthly rent roll of $10,400.00, with the potential to reach $11,800.00 at full occupancy. Notably, 8,234 sq. ft. of the building was brand new in 2022, while the rest underwent a complete renovation in 2021, ensuring modern, high-quality and customizable rental space for tenants. This property represents a robust investment opportunity with its strong rental income and nearly full occupancy. Don't miss out on owning a key piece of Crawfordsville's downtown commercial landscape
Location
State IN
County Montgomery County
Area Montgomery County
Direction GPS Friendly
Interior
Flooring Mixed
Appliance Building, Land
Laundry , 55
Exterior
Roof Type Metal,Rubber
Total Parking Spaces 55
Building
Story 1
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by John Downey • F.C. Tucker West Central