$375,000
$400,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
607 Jefferson AVE La Porte, IN 46350
7,350 SqFt
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,350 sqft
Price per Sqft $51
MLS Listing ID 543279
Sold Date 01/28/25
Year Built 1918
Annual Tax Amount $3,720
Tax Year 2021
Lot Size 9,313 Sqft
Acres 0.2138
Lot Dimensions 46x115
Property Sub-Type Retail
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
Financing Conventional
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Bought with Blackrock Real Estate Services