
Courtesy of: Robert Thatcher, Coldwell Banker Real Estate Group, rthatcher@cbcregroup.com
$334,900
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7.00 Bath (7 Full)
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Lot: 0.08 Acres
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Other
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$334,900
120 N Main Street 120 North Main Street Churubusco, Indiana 46723 US HWY 33 Frontage – ADT 15, 253 VPD 10, 143 ± SF | .08 Acre | Rural Opportunity Zone Designation!! Rare opportunity to acquire an affordable, quality Multi-Tenant Investment Property strategically positioned just northwest of Ft. Wayne, Indiana | Property Highlights & Building Specifications: • 3, 381 +/- SF Main-Level Commercial - FOR SALE or FOR LEASE • Three (3) Attractive Upper-Level Apartments – 100% Leased, Yielding Monthly Cash Flow • Commercial Kitchen featuring Large, Stainless Steel Exhaust Hood with Ansul Fire Suppression System, Vented, Three Bay Commercial Sink w/Grease Trap & other Restaurant FF&E (Refers and Coolers) Included with the Sale or Lease • ADA Compliant Restrooms & Ramped Ingress & Egress • Quality, Wood Frame Construction w/ Primarily Masonry Exterior – Tall Ceilings (above grade) • Full Lower-Level Basement – w/Wet Sprinkler System - Excellent Utility, Multiple Uses • Adequate Electrical Service, Natural Gas HVAC & Water Heaters Site Features: • Zoned General Business (GB) - Excellent Central Business District Location w/Parking • Municipal Water/Sewer & Off Street Parking Lots Ideal For • Restaurant Owner Operator or potentially Lease w/Option to Purchase • Retail of All Types • Medical/Dental Practice • Equipment Sales & Service, Lease Terms: • Upper-Level Apartments: 3, 381 +/- SF $900 - $1, 090/Month – 100% Occupied • Main Level Commercial: 3, 381 +/- SF at Just $8.00/SF Modified Gross 3-5 Year Term, Preferred • Lower-Leve Flex Space: 3, 381 +/- SF – Make an Offer! Bonus to Proforma Income Analysis • Total Gross Building Area 10, 143 +/- SF
Courtesy of: Robert Thatcher, Coldwell Banker Real Estate Group, rthatcher@cbcregroup.com
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