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Listed by John Downey • F.C. Tucker West Central
$ 1,515,000
Est. payment | /mo
13,435 SqFt
$ 1,515,000
Est. payment | /mo
13,435 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 13,435 sqft
Price per Sqft $112
MLS Listing ID 21980145
Tax Year 2023
Lot Size 0.829 Acres
Acres 0.829
Property Description
Introducing the Former Horner's Corner Building, a premier commercial property located in downtown Crawfordsville. The property boasts 13,435 sq. ft. of versatile rental space divided into 9 units, with 8 currently under contract. It features 49 striped parking spaces on a newly blacktopped lot and an additional 6 covered spaces rented to a nearby business. The building generates a monthly rent roll of $10,400.00, with the potential to reach $11,800.00 at full occupancy. Notably, 8,234 sq. ft. of the building was brand new in 2022, while the rest underwent a complete renovation in 2021, ensuring modern, high-quality and customizable rental space for tenants. This property represents a robust investment opportunity with its strong rental income and nearly full occupancy. Don't miss out on owning a key piece of Crawfordsville's downtown commercial landscape.
Location
State IN
County Montgomery
Zoning I-1
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Sep Electric Meter, Sep Gas Meter, Sewer Connected, Water Connected
Building
Story One
New Construction false
Schools
Middle Schools Crawfordsville Middle School
School District Crawfordsville Community Schools
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Lorie Blythe
REALTOR® | Lic# RB18001966