Active
600 N Wayne Street
Angola IN, 46703
$249,900
$65.76 per sqft
Active
2 Baths
3,800 sqft
Other
Built in 1964
Courtesy of Coldwell Banker Real Estate Group, Robert Thatcher, Cell: 574-596-1576
** Leased Investment ** Prime Investment Opportunity - estimated, 11% CAP Rate! Introducing! 600 N. Wayne Street Angola, Indiana Affordable, Investment Grade Property w/ Opportunity Zone Tax Incentives! ATTENTION - INVESTORS | 3,800 SF Commercial Restaurant For Sale Prime NE Indiana Location adjacent to the dynamic Angola Central Business District (CBD) & Trine University! ZONED: C-1 City Commercial The Wayne Street Commercial District is US HWY 127 and is home to many national brands neighboring this prominent investment property High Visibility, Excellent Signage & Average Daily Traffic Counts of 15,714 Very Well Maintained Commercial Facility with Newer, EPDM Roof & HVAC System(s) both replaced in 2021. Ample On-Site Parking for Customers & Staff Commercial Kitchen Exhaust Hood, Cooler & (3) Bay Sink, Included w/Sale of Real Estate Modified Net Leased Asset through May, 2025; Renewal Option w/Increase to Base Rent of up to 10% is provided for in the Lease Agreement. Priced To Sell: $249,900 ($65.76/SF) Offered Exclusively By: Robert L. Thatcher CRRP, CRX, CSM, CMD, CLS, CDP Commercial Broker/Advisor - Coldwell Banker Commercial
202433588
MLSⓇ ID
September 1, 2024
Updated
Map
600 N Wayne Street
Angola IN, 46703
Interior Features
Total Stories
1
Total Bathrooms
2
Half Bathrooms
2
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Other
Heating
Yes
Heating Description
Gas, Forced Air
Exterior/Building Features
Lot Size
0.33 Acres
Lot Features
Corner, Level
Roof
Flat, Metal, Rubber
Sewer
City
School Information
School District
MSD of Steuben County
High School
Angola
Elementary School
Pleasant Lake
Other Property Details
Area Name
Steuben County
Days on Market
2
Garage
No
View
No
Municipality
Pleasant
Pool
No
Zoning
North Wayne
The Listing Broker’s offer of compensation is made only to IRMLS Participants.
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Data last updated 6:09 AM UTC, 9/1/2024