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450 St Clair Street

Mooresville, IN 46158
  • $899,000
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: 21887136
UPDATED: 38 min ago
$899,000
  • 0
    BEDS
  • 0.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Description

A profitable investment with long-term, valued tenants. This 4-unit commercial property has been in the family for decades. Consistently occupied with financially responsible tenants who have helped improve their respective units and maintain the property. The Seller couldnt have asked for better tenants. This property, built in 1968, was one of the original commercial strip centers in Mooresville. Once occupied by a Laundromat (still possible to accommodate a Laundromat) and now a church, office and restaurant. With most leases having annual escalations, this property is a passive income dream come true. Lease rights apply.

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© 2023 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or FC Tucker Company.

Based on information submitted to the MLS GRID as of 2023-01-26T20:24:39.09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.kathleenvaughnrealestate.com/homes/133870582
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450 St Clair Street Mooresville, IN 46158

  • Price: $899,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 38 min ago
  • MLS #: 21887136
0
Beds
0
Baths
0
½ Baths
0.82
Acres
1968
Built
Neighborhood:
5503 - Morgan - Brown
County:
Morgan
Area:
5503 - Morgan - Brown
Property Description
A profitable investment with long-term, valued tenants. This 4-unit commercial property has been in the family for decades. Consistently occupied with financially responsible tenants who have helped improve their respective units and maintain the property. The Seller couldnt have asked for better tenants. This property, built in 1968, was one of the original commercial strip centers in Mooresville. Once occupied by a Laundromat (still possible to accommodate a Laundromat) and now a church, office and restaurant. With most leases having annual escalations, this property is a passive income dream come true. Lease rights apply.
Interior Features

Building Area Total 0 Full Baths MU 0 Half Baths MU 0 Rooms MU 0 Rooms Total MU 0

Property Features

Current Use See Remarks Disclosures Not Applicable Multi Tenants Yes New Construction YN No Possession Closing Property Sub Type Office Rooms Total 0 Semi Annual Property Tax Amt 4322 Space Available 35806 Special Listing Conditions As Is Tax Year 2021 Township Brown Transaction Type Sale Utilities Electricity Connected Zoning Commercial

Listing provided courtesy of F.C. Tucker Company: AnnieS@talktotucker.com. © 2023 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2023 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or FC Tucker Company.

Based on information submitted to the MLS GRID as of 2023-01-26T20:24:39.09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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FC Tucker Company
350 Veterans Way, Suite 100
Carmel IN, 46032