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2523 E National Hwy 1.37 Acres of Commercial Land Offered at $696,564 CAD in Washington, IN 47501
INVESTMENT HIGHLIGHTS
- Property is the first parcel at the end of State Hwy Right-of-Way fence from the I-69 West bound exit
- The I-69 project will extend from Mexico to Canada.
- Located on the south side of East National Hwy 50 which is the main route to the city of Washington, IN.
- Close proximity to Indianapolis International Airport .
EXECUTIVE SUMMARY
This property can be zoned for any commercial roadside business. NOTE; I-69 is completed to Bloomington IN, as of Jan 2019 construction is underway to extend it to Indianapolis and connect with I-69 North. This final extension will be completed in the next few years. This will complete the I-69 project from Mexico to Canada. Our location is halfway between Indianapolis and Evansville and is considered a major exit. Remember; our property is the first accessible property past the Hwy right-of-way fence at this exit and is in full view of both North and South bound traffic, a sign on our property will be the first sign in view in traffic both directions.
This property also has a 1500 SF ranch house with three bedrooms. It has undergone some exterior/interior upgrades recently and has been leased for the last 8 yrs. So far this year (Jan 1 - April 10, 2024) , several Interstate restaurants, convenience marts, apartment developers and Truck Stops have inquired about purchasing this property. A lease is negotiable
This property also has a 1500 SF ranch house with three bedrooms. It has undergone some exterior/interior upgrades recently and has been leased for the last 8 yrs. So far this year (Jan 1 - April 10, 2024) , several Interstate restaurants, convenience marts, apartment developers and Truck Stops have inquired about purchasing this property. A lease is negotiable
PROPERTY FACTS
| Price | $696,564 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.37 AC |
| Property Type | Land | ||
| Zoning | Roadside Business - zoned for commercial use | ||
| Price | $696,564 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.37 AC |
| Zoning | Roadside Business - zoned for commercial use |
1 LOT AVAILABLE
Lot
| Price | $696,564 CAD | Lot Size | 1.37 AC |
| Price Per AC | $508,440.95 CAD |
| Price | $696,564 CAD |
| Price Per AC | $508,440.95 CAD |
| Lot Size | 1.37 AC |
DESCRIPTION
Property is the first parcel at the end of State Hwy Right-of-Way fence from the I-69 West bound exit, and is located on the south side of East National Hwy 50 which is the main route to the city of Washington, IN, and is in full view of interstate 69 from both directions. This property can be zoned for any commercial roadside business. So far this year (Jan 1 - April 10, 2024) , several Interstate restaurants, convenient marts, and Truck Stops have inquired about purchasing this property.
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Presented by
Tonyia Gabhart
2523 E National Hwy
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