151 Wittenbraker Avenue

$890,000
Pending/Under Contract

202100757

Property ID

9,603 SqFt

Size

Description

Prime location and all units rented – excellent investment opportunity. The Henry County YMCA and Northfield park medical complex are directly across Wittenbraker avenue and provide heavy foot and automobile traffic. Well maintained and professionally designed. Five separate units with the ability for units to be combined or individually occupied currently three tenants occupying all five units. Ample parking and signage. NO FOR SALE SIGN

Additional Features and Details:

  • PROPERTY TYPE Commercial
  • STATUS Active
  • MLS # 202100757
  • 151 Wittenbraker Avenue, New Castle IN  47362
  • ORIG $890,000
  • CURRENTLY LEASED Yes
  • LEASE TERM Rem 5+ years
  • AREA Henry County
  • PARCEL ID
  • TYPE Mixed
  • DIRECTIONS State Rd 3 & State Rd 38:N on SR 3 to Wittenbraker Ave, turn Right and take to property on right

REMARKS  Prime location and all units rented – excellent investment opportunity. The Henry County YMCA and Northfield park medical complex are directly across Wittenbraker avenue and provide heavy foot and automobile traffic. Well maintained and professionally designed. Five separate units with the ability for units to be combined or individually occupied currently three tenants occupying all five units. Ample parking and signage. NO FOR SALE SIGN

  • APPROX LOT SIZE 43,560
  • TOTAL AG SqFt 9,603
  • ANNUAL TAXES $23,179
  • YR TAXES PAID 2020
  • PROPERTY INFORMATION: ACRES 1.000
  • PARKING 20
  • INTERIOR HEIGHT 9 ft
  • CEILING HEIGHT 15ft
  • BUILT 2004
  • NEW No
  • STORIES 1
  • PRESENT USE Medical/Dental
  • PROPERTY USE Investment property
  • SALE INCLUDES Building, Lease
  • SPECIAL FEATURES None
  • GROSS MONTHLY ESPENSES $10315
  • GROSS MONTHLY RENT $2700
  • BASEMENT/FOUNDATION Slab
  • HEATING/FUEL Gas, Forced Air
  • COOLING Central Air
  • ROOF MATERIAL Shingle
  • FLOORING Carpet
  • PARKING Lot
  • EXTERIOR Brick
  • FIRE PROTECTION City
  • INTERIOR WALLS Drywall
  • INTERNAL ROOMS Kitchen, Office, Other
  • WATER FEATURES None
  • FENCE None
  • DRIVEWAY Asphalt
  • WATER UTILITY City
  • SEWER City
  • EXISTING FINANCING None
  • PROPOSED FINANCING Cash, Conventional
  • EXEMPTIONS No Exemptions
  • DOCUMENTS AVAILABLE None
  • PUBLIC UTILITIES Electric Hook-Up, Gas Hook Up
  • SPECIAL ASSESSMENTS None
  • LOCATION City
  • PARCEL DESCRIPTION Irregular
  • SEA WALL TYPE None
  • LISTING COURTESY OF Susan Neal, Cell: 765-524-5585
  • LISTING OFFICE: ERA Integrity Office – MAIN:  765-529-2211

SHOWING REMARKS: Attached non-disclosure statement must be signed before any financial or lease information to be shared. Serious qualified buyers only. The building and parking lot area included with sale, survey has been ordered. Please contact agent to arrange showings. All three units are medical clients and due to HIPPA requirements showings will need to be scheduled around tenants’ hours of operation.

 

Address

Address: 151 Wittenbraker Avenue
  • Country: United States
  • Postal code / ZIP: 47362
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  • Property ID 202100757
  • Price $890,000
  • Property Type Commercial
  • Property status Pending/Under Contract
  • Year Built 2004
  • Size 9,603 SqFt
  • Land area 43,560 SqFt

File Attachments

Wittenbraker-MLS.pdf Download

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