2379 N Main St
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2379 N Main St
6,142 SF 25% Leased Office Building Bluffton, IN 46714 £443,038 (£72/SF)
Investment Highlights
- **5 Rental Units**: Four office suites and a unique 600 sq. ft. heated garage featuring a 26' high ceiling and a 16' x 12' overhead door
- **Expansion Potential**: Additional land is available for future growth on-site, offering exciting options for developers.
- **Independently Controlled Heating and Cooling**: Each unit has its own high-efficiency gas furnace, allowing tenants to manage their comfort.
Executive Summary
**Auction Opportunity: Prime Commercial Building in Bluffton**
Discover a fantastic investment opportunity with this modern commercial building, built in 2019 and offering over 6,100 sq. ft. of versatile space. Designed to accommodate up to 5 rental units, this property currently includes a tenant under a 4-year lease generating over $29,000 annually with scheduled rent increases.
Key Features:
- **5 Rental Units**: Four office suites and a unique 600 sq. ft. heated garage featuring a 26' high ceiling and a 16' x 12' overhead door.
- **Independently Controlled Heating and Cooling**: Each unit has its own high-efficiency gas furnace, allowing tenants to manage their comfort.
- **Expansion Potential**: Additional land is available for future growth on-site, offering exciting options for developers.
- **Prime Location**: Situated St. Rd. 1 on Bluffton's main north-side traffic corridor, with excellent visibility near Lowes, ensuring maximum exposure.
-**Originally Listed at $789,000: Starting bid at $300,000, presenting a tremendous investment opportunity.
This property is in impeccable condition and poised to offer solid income potential. Don't miss this chance to bid on a premium asset with growth opportunities!
Discover a fantastic investment opportunity with this modern commercial building, built in 2019 and offering over 6,100 sq. ft. of versatile space. Designed to accommodate up to 5 rental units, this property currently includes a tenant under a 4-year lease generating over $29,000 annually with scheduled rent increases.
Key Features:
- **5 Rental Units**: Four office suites and a unique 600 sq. ft. heated garage featuring a 26' high ceiling and a 16' x 12' overhead door.
- **Independently Controlled Heating and Cooling**: Each unit has its own high-efficiency gas furnace, allowing tenants to manage their comfort.
- **Expansion Potential**: Additional land is available for future growth on-site, offering exciting options for developers.
- **Prime Location**: Situated St. Rd. 1 on Bluffton's main north-side traffic corridor, with excellent visibility near Lowes, ensuring maximum exposure.
-**Originally Listed at $789,000: Starting bid at $300,000, presenting a tremendous investment opportunity.
This property is in impeccable condition and poised to offer solid income potential. Don't miss this chance to bid on a premium asset with growth opportunities!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Design & Build
Property Type
Office
Property Subtype
Building Size
6,142 SF
Year Built
2019
Price
£443,038
Price Per SF
£72
Percent Leased
25%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,071 SF
Building FAR
0.27
Land Acres
0.52 AC
Parking
8 Spaces
Amenities
- Reception
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 90-05-22-300-005.000-011 | Improvements Assessment | £406,019 |
| Land Assessment | £36,452 | Total Assessment | £442,471 |
PROPERTY TAXES
Parcel Number
90-05-22-300-005.000-011
Land Assessment
£36,452
Improvements Assessment
£406,019
Total Assessment
£442,471
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2379 N Main St
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