For Sale
$650,000

257 High St Mooresville, IN 46158

High-return storage facility with office.

Overview

Added:
Feb 3
Days on market:
84
This exceptional investment opportunity presents a fully-leased, 45-unit mini-warehouse complex situated on a 0.68-acre lot at 257 E High Street, Mooresville, Indiana. The property boasts a total of 1,800 square feet of rentable space, including a well-maintained office building. The warehouse units are secured by an automated gate and a perimeter security fence, enhanced by security lighting on each structure. Recent improvements include tuckpointing of the block buildings, a new roof, gutters, and exterior paint (2020), and a complete office renovation in 2024 featuring new HVAC, flooring, and trim. The office space itself offers approximately 1,800 square feet, a half-bath, a loft area, and versatile interior layouts. Currently, all storage units and the office space are rented, providing immediate cash flow for the investor. The property's self-managed nature minimizes operational overhead, making it an attractive and low-maintenance investment. Multiple unit sizes cater to a diverse range of tenant needs, ensuring consistent occupancy and rental income. This turnkey operation is ready for a new owner to step in and enjoy the benefits of a profitable and well-maintained commercial property. The asking price is $650,000.

Property Details for 257 High St

Property type
Investment properties
Square Feet
1,800 SF
Year Built
2000
Lot Size (sq. ft)
29,621 SF

Location Insight

City
Mooresville
County
Morgan
State
Indiana
Latitude
39.60953
Longitude
-86.36882

FAQs

What type of property is this?
Investment property - High-return storage facility with office.
Where is the investment property located?
The property is located at 257 High St Mooresville, IN.
What is the asking price?
The asking price for this property is $650,000.
How can I contact the broker?
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257 High St
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