3550 Two Mile House RdColumbus, IN 47201

For Sale
$1,200,000 View listing
  • Lifestyle centers
  • 10,800 SF

Property Details for 3550 Two Mile House Rd

Year built
1982
Lot size
3.37 AC
Property size (Sq ft)
10,800 SF
Property type
Lifestyle centers
Property subtype
Power centers

Description

This exceptional investment opportunity presents a 10,800-square-foot, Class B shopping center in Columbus, Indiana. Built in 1982, this multi-tenant property boasts a 100% occupancy rate with a diverse and stable tenant mix. Key tenants include Marco's Pizza, Ireland Home Services, Doggett Financial Services, Columbus Counseling Partners, and Comb Together (Hair Salon). Strategically located on State Road 46, the center enjoys high visibility and convenient access, with close proximity to major retailers like Walmart and Interstate 65, as well as numerous restaurants and banking institutions. The 3.37-acre parcel is part of a condo association, providing shared responsibility for common areas. Ample parking is available with 40 spaces designated for customers and staff. The property is zoned for Commercial Regional use. The asking price for this well-maintained, income-producing asset is $1,200,000, offering a strong net operating income (NOI) of $85,084. This presents a compelling opportunity for investors seeking a stable, high-performing retail investment in a desirable location. The property consists of one building.

3550 Two Mile House Rd, Columbus, Indiana

Location Insight

City
Columbus
County
Bartholomew
State
Indiana
Latitude
39.1986
Longitude
-85.9638

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