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FORMERLY A Bank 118 E Michigan St 5,500 SF Retail Building New Carlisle, IN 46552 $663,062 CAD ($120.56 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Downtown New Carlisle, High visibility, High traffic. Well preserved building.
  • Very near IEC business growth area, ATM room, multi complex option, Upper loft apartment option.
  • Drive Thru, retail, office, multi-use, Bank, Credit Union, Exercise, Medical, restaurant
  • Near Major Industrial development area consisting of numerous established businesses.

EXECUTIVE SUMMARY

Bring your new or existing business to this beautiful (former bank) building in Downtown New Carlisle- WITH A DRIVE THRU!!! The current main floor plan provides a minimum of 5 different room and space options to customize. The front lobby has a large counter top area, gorgeous high decorative ceilings and a pristine vault. The drive-thru window can host 2 customers! Bring your vision of imagination to the MASSIVE unfinished 2nd floor with over 1900 sq ft. with SUPER HIGH CEILINGS and wide open space that could be studio apartment, fitness area, storage or perhaps a SECOND business! This property is BEAUTIFUL and your OPPORTUNITY is knocking right now! Situated in the Center of the Business, Restaurant, and Storefront district in the GREAT PLACE OF NEW CARLISLE where there is an abundance of US Highway vehicle and foot traffic. This offers many potential uses!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Lease Option
Property Type
Retail
Property Subtype
Bank
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1900/1980
Price
$663,062 CAD
Price Per SF
$120.56 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.25 AC
Zoning
TC- Town Center - Business, retail, office, restaurant, medical, insurance, Upper loft apartment. Bank, "Town Center" Zoning
Parking
8 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
82’ on East Michigan Street

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 71-01-34-235-008.000-018
  • 71-01-34-235-007.000-018
  • 71-01-34-235-009.000-018
Land Assessment
$61,420 CAD
Improvements Assessment
$223,906 CAD
Total Assessment
$285,326 CAD
  • Listing ID: 22745963

  • Date on Market: 2021-04-15

  • Last Updated:

  • Address: 118 E Michigan St, New Carlisle, IN 46552

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