1223 W St. Rd. 2 La Porte, IN ^$ 490,000

1223 W St. Rd. 2

^$ 490,000

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1223 W St. Rd. 2

La Porte, IN, 46350

^$ 490,000

Studio Baths0.0 Sq 2,576

Monthly Estimate*

^$ 3,257

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Studio

Commercial Property for sale in La Porte, IN

for $490,000. This 2,576 square foot building was built in 1960 on a lot size of 0.2652.

CALLING ALL INVESTORSGreat fully leased investment property with impressive net cash flow. This property offers its new owner 3 commercial units and 3 residential units. Plenty of parking surrounding the 2 buildings.Great location with traffic volume and outstanding visibility. (buildings only for sale)Make your appointment today!!!

Commercial Active

Price

^$ 490,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.2652

Year Built

1960

Town/City

La Porte

County/Region

La Porte

MLS | Web ID

544173

Features

General

Interior Features Elevator

Heating Heat Pump Hot Water

Utilities Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected

Year Built 1960

Electric 100 Amp Service 150 Amp Service 200+ Amp Service

Township Center

Property SubType Retail

Gross Income 0

County La Porte

Net Operating Income 50478

Insurance Expense 4634

Property Type Commercial Sale

Subdivision Name none

Building Features Acoustical Ceiling(s) Enclosed Stair(s) Exterior Lighting Other Private Restrooms Sheet Rock Ceiling(s)

Close Price 0

Status Active

Directions State Road 2 to Andrew Ave. Property is on the corner of State Road 2 and Andrew Ave.

City La Porte

Lot Size Square Feet 11552

Street Name St. Rd. 2

Property Attached Y/N N

Electric Expense 0

Trash Expense 5520

Standard Status Active

Total Actual Rent 65580

Taxes 4634

Legal Description Legal Description: 05-10-02-176-011 SE1/4 NW1/4 34.80 X 35.5 X 6.25 X 99.08 X 70 X 120 S2 T36 R3 -

Exterior

Parking Features Common Paved Private

Lot Features Corner Lot

Water Source Public

Lot Dimensions 100x150

Lot Size Acres 0.2652

Frontage Length 100

* Excluded Features

List By

Jay Tenuta

Listing Agent

Coldwell Banker 1St Choice

Broker

jst1stchoice@gmail.com

Affordability Calculator

$3,257

Per Month

Monthly Principal & Interest: $3,257
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in La Porte, IN

Average List Price ^$2,359,989

Percent of Sale Price 382%

About La Porte, IN

21,952 Population

3% Since 2002

^$38,341 Median Income

37.86 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2024	$490,000	-14.78%	Price Down
4/18/2024	$575,000	-4.96%	Price Down
2/28/2024	$605,000	-3.20%	Price Down
1/29/2024	$625,000		Listed Price

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1223 W St. Rd. 2, La Porte, IN, 46350 is a Commercial Property for sale at $490,000 with 2,576 sqft and a lot size of 0.2652. 1223 W St. Rd. 2 is a studio with 0.0 baths and was built in 1960. The property's zip code is 46350 which is in La Porte, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/11/2024.

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1223 W St. Rd. 2

Commercial Property for sale in La Porte, IN

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