Lima, 45805
$380,000
Property Type:
Commercial Sale
Baths:
4
Square Footage:
7,500
Status:
Closed
Current Price:
$380,000
List Date:
1/17/2017
Last Modified:
9/05/2024
Description
STRIP MALL LOCATED ON THE BUSIEST ROAD IN ALLEN COUNTY! 4 TENANTS WITH 3 LONG TERM TENANTS AND ONE NEW TENANT, ANNUAL INCOME OF $44, 772, TRAFFIC COUNT OF 10,250 CARS PER DAY, GREAT LOCATION FOR NEW BUSINESS OR SIMPLY A GREAT INVESTMENT.,Retail Building Over 5000 SqFt
More Information MLS# 103843
Location & Property Info
Zoning Description: Commercial
School District: Elida
AssociationY/N: No
General Property Info
Lot Size Dimensions: .88
Lot Size Square Feet: 0
Legal Description: IN FILE
FEMA Flood Zone Y/N: No
Office SqFt: 0
# Stories: 1
Bathrooms Total: 4
# Of Buildings: 1
Ceiling Height: 9
Traffic Count: 10250
Living Area SqFt: 7500
Tax Info
Parcel #: 36231104006000
Tax Annual Amount: 8490.14
Annual Water Assessment: 0
Annual Sewer Assessment: 0
Remarks & Misc
Public Remarks: STRIP MALL LOCATED ON THE BUSIEST ROAD IN ALLEN COUNTY! 4 TENANTS WITH 3 LONG TERM TENANTS AND ONE NEW TENANT, ANNUAL INCOME OF $44, 772, TRAFFIC COUNT OF 10,250 CARS PER DAY, GREAT LOCATION FOR NEW BUSINESS OR SIMPLY A GREAT INVESTMENT.,Retail Building Over 5000 SqFt
Business Type
Retail: 1
Construction Materials
Block: 1
Cooling
Central Air: 1
Listing Terms
Cash: 1
Conventional: 1
Financial Details
Electric Expense: 0
Fuel Expense: 0
Insurance Expense: 0
Maintenance Expense: 0
Manager Expense: 0
Net Operating Income: 32256
New Taxes Expense: 8490
Operating Expense: 12516
Other Expense: 0
Water Sewer Expense: 0
Possession
Subject To Tenant Rights: 1
Flooring
Concrete: 1
Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Display Window(s): 1
Road Frontage Type
City Street: 1
State Road: 1
Special Listing Conditions
Fair Market: 1
Parking Features
Median: 1
Parking Total: 50
Private: 1
Other: 1
Utilities
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Roof
Rubber: 1
Sale Includes
Building & Land: 1
Location Property Info
Current Price: $380,000
Property Sub Type: Business
Sold Price: $380,000
Status: Closed
List Date: 2017-01-17
County: Allen
Postal Code: 45805
Status Change Info
Status Change Date: 2017-04-20
Pending Date: 2017-03-07
Close Date: 2017-04-20
Sold Price: $380,000
Property Features
Business Type: Retail
Construction Materials: Block
Cooling: Central Air
Flooring: Concrete
Heating: Forced Air; Natural Gas
Interior Features: Display Window(s)
Listing Terms: Cash; Conventional
Parking Features: Private; Median; Other
Possession: Subject To Tenant Rights
Road Frontage Type: City Street; State Road
Roof: Rubber
Sale Includes: Building & Land
Special Listing Conditions: Fair Market
Utilities: Sewer Connected; Water Connected
Water Source: Public
Listing Office:
Ron Spencer Real Estate
Last Updated: September - 05 - 2024
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