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McCasland Plaza 5957-5991 Mccasland Ave 9,045 SF 12% Leased Retail Building Portage, IN 46368 $990,451 CAD ($109.50 CAD/SF)
Executive Summary
6 unit office/retail building with facade upgrade and 80% new roof. Two units have leases into 2027, one into 2028, one just signed a new 1 year lease and one expires in May of 2025. The unit available in May is 1,200 sf and is nicely decorated with 3 individual offices, kitchenette and washroom. Dedicated off street parking located 750' south of Indiana Toll Road exit at Willowcreek.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,045 SF
Building Class
C
Year Built
1961
Price
$990,451 CAD
Price Per SF
$109.50 CAD
Percent Leased
12%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.77 AC
Zoning
OC - Office Commercial
Parking
46 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 64-05-11-481-015.000-016 | Improvements Assessment | $290,797 CAD (2025) |
| Land Assessment | $86,736 CAD (2025) | Total Assessment | $377,533 CAD (2025) |
Property Taxes
Parcel Number
64-05-11-481-015.000-016
Land Assessment
$86,736 CAD (2025)
Improvements Assessment
$290,797 CAD (2025)
Total Assessment
$377,533 CAD (2025)
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McCasland Plaza | 5957-5991 Mccasland Ave
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