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    110 E Prairie Street

    Warsaw, IN 46580
    • $250,000
    • STATUS: Active
    • ON SITE: 110 days
    • MLS #: 202102213
    UPDATED: 91 min ago
    $250,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,072
      SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1989
    County:
    Area:

    School Ratings & Info

    Description

    Attention investors! Modern post & beam constructed office building with four units, all leased with stable tenants and 2+ years remaining on existing leases. Convenient in-town location just one half block east of St Rd 15 and one block south of St Rd 25 (four blocks south of the courthouse). Easy in and out location, horseshoe shaped driveway with newer asphalt parking. Tenants pay all utilities (NIPSCO natural gas & electric, city sewer), private well. Suites 1-3 have GFA heat and central AC, suite 4 is unfinished storage unit with overhead door and hanging unit heater. Suite 1 (west end): $491.48 per month (includes pro-rated portion of taxes and insurance), lease term 3 years, 8-1-2019 thru 8-1-2022. Suites 2 & 3 (middle two units leased by same tenant): $2,041.88 per month (gross combined income for both unites) (includes pro-rated portion of taxes and insurance), lease term 5 years, 8-1-2019 thru 7-31-2024. Suite 4 (east end with overhead door): $150 per month, lease term 4 years 8-1-2019 thru 8-1-2023.

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Hoosier Heartland Team | RE/MAX Crossroads. Data last updated: 2021-05-13T00:27:44.453.

    www.homeinfortwayne.com/homes/113537400
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    110 E Prairie Street Warsaw, IN 46580

    • Price: $250,000
    • Status: Active
    • Updated: 91 min ago
    • MLS #: 202102213
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    3,072
    SQFT
    $81
    $/SQFT
    1989
    Built
    Neighborhood:
    Other
    County:
    Kosciusko
    Area:
    Kosciusko
    Property Description
    Attention investors! Modern post & beam constructed office building with four units, all leased with stable tenants and 2+ years remaining on existing leases. Convenient in-town location just one half block east of St Rd 15 and one block south of St Rd 25 (four blocks south of the courthouse). Easy in and out location, horseshoe shaped driveway with newer asphalt parking. Tenants pay all utilities (NIPSCO natural gas & electric, city sewer), private well. Suites 1-3 have GFA heat and central AC, suite 4 is unfinished storage unit with overhead door and hanging unit heater. Suite 1 (west end): $491.48 per month (includes pro-rated portion of taxes and insurance), lease term 3 years, 8-1-2019 thru 8-1-2022. Suites 2 & 3 (middle two units leased by same tenant): $2,041.88 per month (gross combined income for both unites) (includes pro-rated portion of taxes and insurance), lease term 5 years, 8-1-2019 thru 7-31-2024. Suite 4 (east end with overhead door): $150 per month, lease term 4 years 8-1-2019 thru 8-1-2023.
    Exterior Features

    Construction Type1 Post And Beam Docks 0 Driveway Asphalt Exterior Metal Fence None Fire Doors YN No Lighted Parking YN Yes Location City Lot Dimensions 106X214 Parcel Description Irregular Parking Off-StreetPaved Parking Spaces 26 Parking Type Off-StreetAsphalt Parking YN Yes Road Access City Road Surface Asphalt Roof Material Shingle Sea Wall Type None Security Light YN Yes Signs YN No Water Features None Waterfront YN No

    Interior Features

    Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 3072 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 2600 Ceiling Height 8 Column Spacing N/A Cooling Central AirMultiple Cooling Units Flooring CarpetConcreteVinyl Heating Fuel Forced AirMultiple Heating Systems Interior Height 8 Interior Walls Drywall Internal Rooms OfficeStorage Special Features Overhead Door 1Office SpaceReception Area Total Restrooms 4

    Property Features

    Annual Taxes 3637 Auction YN No Buildings 1 Burglar Alarm YN No Cable Company Comcast Currently Leased YN Yes Documents Available Aerial PhotoLeaseLegal DescriptionPlat Map Easements Other See Remarks Electric Company Nipsco Enterprise Zone No Equipment YN No Excluded From Sale ContentsTenant Furniture/Furnishings Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company Nipsco Gross Monthly Rent 2683.36 Ingress Egress Asphalt Inside City Limits Yes Known Soil Other Contaminants YN No Known Underground Storage Tanks YN No Lease Available YN Yes Lease Term Remaining 2+ Years Lighted Intersection YN Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Business ServiceProfessional Property Sub Type Office Property Use Investment Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpPrivate Common Wall Reo YN No Restrictions None Sale Includes BuildingLandLease Security Gate YN No Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Wayne Water Heater YN Yes Water Softener YN Yes Water Utility PrivateWell Well Type Private Year Taxes Payable 2020 Zoning Description General Business

    Listing courtesy of Dave Blackwell of Blackwell Real Estate.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Hoosier Heartland Team | RE/MAX Crossroads.


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Hoosier Heartland Team | RE/MAX Crossroads. Data last updated: 2021-05-13T00:27:44.453.

     
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