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17624 SR 37 Harlan IN 17624 IN-37 Hwy 5,418 SF 70% Leased Flex Building Harlan, IN 46743 $488,572 CAD ($90.18 CAD/SF) 9.96% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Located on a busy state highway, in central location to other businesses.
  • 4,531 VPD
  • Contains 5 appartments and a commercial space

EXECUTIVE SUMMARY

• This property is located NE of Fort Wayne in the quaint town of Harlan
and fronts on SR-37.
• Conveniently, located in the center of Harlan with easy access from SR-37 and Antwerp Road directly behind the property.
• Neighboring businesses include: First Merchants Bank, US Post Office, The Pop Stand restaurant, Taco El Amish restaurant.
• Shared parking lot to the east for the tenants.
• Upside commercial real estate investment opportunity with multi family units.
• Located in a high demand area.
• NO SHOWINGS UNLESS SIGNED LETTER OF INTENT

PROPERTY FACTS

Price $488,572 CAD
Price Per SF $90.18 CAD
Sale Type Investment or Owner User
Cap Rate 9.96%
Property Type Flex
Property Subtype
Light Distribution
  • Flex Light Manufacturing
  • Office Office Residential
Building Class C
Lot Size 0.43 AC
Rentable Building Area 5,418 SF
No. Stories 2
Year Built/Renovated 1900/2020
Parking Ratio 3.69/1,000 SF
No. Drive In / Grade-Level Doors 1
Zoning C2 & R1 - Zoning allows for Appartments and a Commercial Space.

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - SHOP
  • 1,600 SF
  • Flex
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl - SHOP 1,600 SF Flex Partial Build-Out Now

1st Fl - SHOP

Size
1,600 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Fl - SHOP

Size 1,600 SF
Space Use Flex
Condition Partial Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-04-28-358-006.000-062
Land Assessment
$44,809 CAD
Improvements Assessment
$265,783 CAD
Total Assessment
$310,592 CAD
  • Listing ID: 35481006

  • Date on Market: 2025-04-14

  • Last Updated:

  • Address: 17624 IN-37 Hwy, Harlan, IN 46743

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