For Sale
$374,900

9313 300 Lake Village, IN 46349

Prime B-1 zoned investment, high rental income.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 2.55-acre commercial property in Lake Village, Indiana (46349), presents a compelling owner-user or investment opportunity. The property, zoned B-1, includes a 15-unit self-storage facility currently generating an average monthly rental income of $750 per unit, below market rates, offering immediate return potential. A substantial 2700 square foot commercial garage/warehouse is also included, featuring two overhead doors with openers, three-phase electric, furnace heat/air conditioning, a car lift, and a 13-foot clear ceiling height. An additional one-car garage provides versatile space for parking, storage, or as an extra storage unit. The property's expansive lot size allows for significant future expansion, with ample room to add more buildings, warehouses, storage units, exterior storage, or parking rentals. The property is available for occupancy on June 1st, 2024, with a one-year lease term. This central location and flexible zoning create endless business and investment possibilities. The asking price is $374,900.

Highlights

  • 2.55-acre commercial property in Lake Village, IN (46349), zoned B-1.
  • 15-unit self-storage facility with below-market average monthly rent of $750/unit, offering significant upside potential.
  • Approx. 2700 SF commercial garage/warehouse featuring two overhead doors, three-phase electric, HVAC, car lift, and 13' clear ceiling height.
  • One-car garage ideal for additional storage or parking.
  • Large lot allows for substantial future expansion of buildings, storage units, or parking.

Property Details for 9313 300

Property type
Mixed-use properties, Self storage facilities
Lot Size (sq. ft)
111,078 SF

Location Insight

City
Lake Village
County
Newton
State
Indiana
Latitude
41.134981959132
Longitude
-87.448862597424

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FAQs

What type of property is this?
Mixed-use property - Prime B-1 zoned investment, high rental income.
Where is the mixed-use property located?
The property is located at 9313 300 Lake Village, IN.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 2.55-acre commercial property in Lake Village, IN (46349), zoned B-1.; 15-unit self-storage facility with below-market average monthly rent of $750/unit, offering significant upside potential.; Approx. 2700 SF commercial garage/warehouse featuring two overhead doors, three-phase electric, HVAC, car lift, and 13' clear ceiling height.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Jimmy Karalis
Jimmy Karalis
Visit Broker Website

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Lake Village, IN 46349

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Lake Village, IN 46349

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

9313 300
  • Jimmy Karalis
    Jimmy Karalis
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