1301 High, Hartford City, IN 47348
Overview
| MLS ID: | #202432393 |
|---|---|
| Price: | $ 485,000 |
| Sq Ft: | 5,752 |
| Office SqFt: | 5,752 |
| Lot Size: | 0.41 Acres |
| Year Built: | 1976 |
| Zoning: | |
| Taxes: | $ 0 |
Leased to State of Indiana for the office of Child Protective Services. This 5000 sq ft building has a concrete parking lot, newer roof and newer furnaces. Offered at an 7.8 cap rate +/- based on current rents and expenses. The annual rent is $53,750.04 and expenses for the last full year run approximately $15,900 and appear to be similar in 2024. Lease runs until 2026 and indications are they will renew the lease. Located directly behind Dollar General in Hartford City IN which is the county seat for Blackford County. Great small investment property ideal for a 1031 Exchange or investor looking for small commercial lease property. No real estate taxes per Indiana Statue ic 6-1.1-10-2(b)
MLS ID: 202432393
Details
| Planned Unit Dev | No |
|---|---|
| Auction | No |
| New Construction | No |
| Number of Buildings | 1 |
| Building 1 | |
| Bldg 1 Above Ground SF | 5,752 |
| Bldg 1 Below Ground SF | 0 |
| Bldg 1 Stories | 1 |
| Bldg 1 Finished Office SF | 5,752 |
| Lot Dimensions | 150 X 120 |
| Approx Lot Size SqFt | 17,860 |
| Approx Lot Size Acres | 0 |
| Ceiling Height | 8 |
|---|---|
| Road Access | City |
| Lighted Intersection | No |
| Parking | Yes |
| Parking | Off-Street, Paved |
| Parking Type | concrete |
| # Parking Spaces | 16 |
| Total Restrooms | 3 |
| Interior Height | 8 |
| Ingress/Egress | Asphalt |
| Water Front | No |
|---|
| Currently Leased | Yes |
|---|---|
| Lease Term Remaining | 2 years |
| Sprinkler System | No |
|---|---|
| Signs | Yes |
| Sign Type | Attached Building Signs |
| Fire Doors | Yes |
| Enterprise Zone | No |
| Sale Includes: | Building, Land, Lease |
| Heating/Fuel | Gas, Forced Air |
| Cooling | Central Air |
| Exterior | Metal, Wood |
| Roof Material | Asphalt |
| Interior Walls | Drywall |
| Flooring | Carpet, Vinyl Tile |
| Water Utility | City |
|---|---|
| Sewer | City |
| Special Features | Handicap Access, Public Restrooms, Reception Area |
| Annual Taxes | $0.00 |
|---|---|
| Gross Monthly Rent | $53,750.00 |
Map
Listing Office: Coldwell Banker Real Estate Group
Listing Agent: Brian Allardt
Disclaimer:
Mortgage
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