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.

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Antonio Picillo III shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.  

©2024 Indiana Regional MLS. All rights reserved.

Data last updated 6:09 AM UTC, 9/1/2024

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