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860 W Michigan St 1.16 - 10.05 Acre Commercial Land Lots Offered at $206,839 - $1,257,584 CAD Per Lot in New Carlisle, IN 46552

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INVESTMENT HIGHLIGHTS

  • Price Reduced
  • Zoned LB Local Business in New Carlisle
  • Adjacent to Dollar General, Phillips 66 and across from CVS
  • Commercial Development Opportunity
  • Frontage on West Michigan and County Line Road

EXECUTIVE SUMMARY

Lots A 1 Acre & Lot B 4.4 Acres - Contact Broker for Price

PROPERTY FACTS

Price $206,839 - $2,115,099 CAD
Sale Type Investment
No. Lots 4
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Fast Food
Total Lot Size 14.71 AC
Zoning LB- Local Business

4 LOTS AVAILABLE

Lot

Price $1,257,584 CAD
Price Per AC $125,132.75 CAD
Lot Size 10.05 AC

Lot C

Price $374,890 CAD
Price Per AC $323,180.77 CAD
Lot Size 1.16 AC

Lot D

Price $206,839 CAD
Price Per AC $137,893.00 CAD
Lot Size 1.50 AC

Lot E

Price $275,786 CAD
Price Per AC $137,893.00 CAD
Lot Size 2.00 AC

DESCRIPTION

Commercial development opportunity on 10.05 +/- acres with curb-cut and frontage on both W. Michigan Street (US 20) and County Line Road, and is bordered by a high-traffic road which has significant traffic volume coming in from both Indiana and Michigan. Two large industrial companies will soon be locating in the New Carlisle area and will employ over 4,000 personnel. The property is located just west of downtown New Carlisle on a high-traffic commercial corridor surrounded by Phillips 66 gas station, Dollar General, 1st Source Bank and CVS Pharmacy. Zoned LB-Local Business in New Carlisle which allows a wide range of uses including, but not limited to, retail, recreational, automobile sales, service/repair, ATM, banks, credit unions, assisted living, clinics, bar/ tavern, car wash, convenience store, grocery store, hospitality and restaurants. New Carlisle is a growing community located approximately 20 miles from downtown South Bend, and occupies a strategic location situated within close proximity to railway lines, US 20, major electric lines, and near a major water source, the Kankakee Aquifer System. The property is located on the west side of downtown New Carlisle on business section of a state highway which is part of a commercial corridor that connects St. Joseph and LaPorte Counties (the property is approximately 183’ from the LaPorte County line). The immediate neighborhood includes commercial, industrial, businesses, residential single family development, public park and a school. New Carlisle is a growing community located approximately 20 miles from downtown South Bend, and occupies a strategic location situated within close proximity to railway lines, US 20, major electric lines, and near a major water source, the Kankakee Aquifer System.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
71-01-34-151-008.000-018
Land Assessment
$268,858 CAD
Improvements Assessment
$0 CAD
Total Assessment
$268,858 CAD
  • Listing ID: 8817397

  • Date on Market: 2017-08-24

  • Last Updated:

  • Address: 860 W Michigan St, New Carlisle, IN 46552

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