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118-122 N. Detroit St. 118-122 N. Detroit St. 12,804 SF Office Building Lagrange, IN 46761 For Sale

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INVESTMENT HIGHLIGHTS

  • Value add potential with recently vacated commercial space
  • Commercial space is well-kept and in good condition
  • Sale Price: Negotiable upon offer
  • Mixed-use capability with possibility for apartments upstairs
  • Additional storage included with property
  • Lease Rate: $12.00 SF/yr NNN

EXECUTIVE SUMMARY

Uncover an exceptional opportunity with the 12,804 SF property at 118-122 N. Detroit St., LaGrange, IN. Built in 1890, this historic building holds undeniable appeal. Boasting exceptional value-add potential, the property features recently vacated commercial space with mixed-use capability, including the exciting prospect of apartments upstairs. The meticulously maintained space, together with additional storage, ensures seamless function and potential for additional income. With a negotiable sale price and offering a lease rate of $12.00 SF/yr NNN, this property promises a compelling opportunity within the LaGrange County area.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
12,804 SF
Building Class
C
Year Built
1890
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,402 SF
Building FAR
1.08
Lot Size
0.27 AC
Zoning
B-4 - Business

AMENITIES

  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,000-9,000 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 3,000-9,000 SF Office - Now

1st Floor

Size
3,000-9,000 SF
Space Use
Office
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 44-07-19-300-003.090-002
  • 44-07-19-300-001.049-002
Land Assessment
$43,816 CAD
Improvements Assessment
$442,932 CAD
Total Assessment
$486,748 CAD
  • Listing ID: 28516935

  • Date on Market: 2023-05-18

  • Last Updated:

  • Address: 118-122 N. Detroit St., Lagrange, IN 46761

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