2549 Highway Avenue

Highland, IN 46322
$550,000
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 isRead MoreRead Less
Courtesy of , T.J. Boyle Real Estate, Inc. .
Listing Snapshot
Days Online
17
Last Updated
May 2, 2024
Property Type
Business
Lot Size
1.68 Acres
Year Built
1968
MLS Number
NRA802175
30 Days Snapshot Of 46322
$213K
+5%
(avg) sold price
5
-28%
homes sold
45
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "None"
Building
Building Features: "Enclosed Stair(s)", "Meeting Room", "Private Restrooms", Living Area: 8432, Year Built: 1968, Year Built Details: Back Parking lot added 2000.
Community
Community Features: "Curbs", "Sidewalks"
Exterior Features
Exterior Features: "Private Yard", "Rain Gutters"
Fence
Fencing: "None"
Heating
Heating: "Central", "Forced Air", "Natural Gas"
Income
Gross Income: 60290, Net Operating Income: 57290
Interior Features
Interior Features: "Entrance Foyer", "High Ceilings"
Laundry
Laundry Features: "None"
Lot
Features: "Landscaped", "Paved", "Rectangular Lot", 1 acres, 73311.48 square feet, Dimensions: 69.89x1028.35
Parking
Parking Features: "Additional Parking", "Asphalt", "Off Street", "On Site", "Parking Lot", "Paved", Parking Total: 60
Property
Zoning Description: Commercial
Sewer
Sewer: "Public Sewer"
Utilities
Utilities: "Electricity Connected", "Natural Gas Connected", "Phone Connected", "Sewer Connected", "Water Connected", Electric: "Circuit Breakers", Water Source: "Public"
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Jacob Schmiedel
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