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Description

7,125 sq. ft. Class "A" multi-tenant office building for Sale as Investment Property. Located off Amstutz Road in Mercantile Office Park, just north of the Leo, Indiana post office. Excellent condition. Three units (52% of building) are currently leased with four years of term remaining. Significant upside potential. Pro Forma Cap Rate of 9%. Ideal for owner occupant. Property is also available for Lease (see separate listing). Two units currently available: 990 sq. ft. unit on the first floor that has 2 offices, restroom and open work area. Upper level has 2,280 sq. ft. for lease with three private offices, large open area, kitchenette, restroom, and in-floor wiring. Building price details: $675,000.

Property Details

• Type: Commercial (Other)
• Status: Available
• Year Built: 1999
• Buildings: 1

Exterior Features

• Parking: Yes
• Parking Spaces: 45

Map Locations