702 Dowling St • Bidding Opens: Thursday, July 2nd • Bidding Ends: Thursday, July 16th at 5:00pm • Sarting Bids: Tract #1 (Real Estate) is $25, 000 ($5, 000 minimum raise) • Tract #2 (Contents) is $25 ($5 minimum raise) OPEN HOUSE/INSPECTION DATES Monday, June 22nd from 4-6pm Saturday, June 27th from10am-12pm PROPERTY LOCATION 702 Dowling Street, Kendallville, IN 46755 From US 6 in Kendallville, turn South on Fair Street (United States Postal Service sits on corner) to Wayne Street. Turn left & head East around a curve to the right, which is Park Avenue. Head South for one block to property, which sits on the Southeast corner of Park Avenue & Dowling Street. AUCTION LOCATION TIMED ONLINE ONLY TRACT DESCRIPTIONS Tract 1: 0.4± ac This versatile 7, 299 square foot commercial/industrial building offers a highly functional layout ideal for a range of business uses. Located in Kendallville, Indiana, at 702 Dowling Street, just 0.4 miles south of US 6 & one block south of the Noble County Fairgrounds - the property combines excellent visibility, accessibility, & convenience. Positioned on a prominent corner lot at Park Avenue & Dowling Street, it provides strong exposure & ease of access. Originally built in 1960, the building has a new roof & has been well maintained & is currently owned by a property tax-exempt school corporation, reflecting consistent stewardship & care. The single-story structure features a blend of open work areas & private offices, allowing for both collaborative & focused work environments. Multiple conference rooms & two convenient kitchenettes enhance day-to-day operations, while recently remodeled restrooms serve staff & visitors. Key Features: 7, 299 square foot single-story commercial/industrial building Lot size: 0.41+/- acre Corner lot location at Park Avenue & Dowling Street 30 paved asphalt parking spaces (including 2 ADA-designated) Flexible layout with open areas & private offices Multiple conference rooms Two kitchenettes Recently remodeled restrooms Washer/dryer hookup Three HVAC units with central air conditioning High-speed internet capability City water & sewer service Dual 400-amp electrical panels Electrical service provider: AEP Gas service provider: NIPSCO Potential keycard access system Alarm system Zoned C1B (Local Commercial - Retail Sales) 2025 tax assessed value: $181, 900 New $127, 000 roof installed March 2025 Tract 2: Contents: Wedge-shaped tables x 25, Square cube desks x 4, Burgundy plastic stackable chairs x 36, Office cubical desks x 3, 4-drawer filing cabinets x 5, Tan, yellow & green chairs x 29, Shelving units x 6, Assorted other tables, chairs, & misc. cabinets.