705 Main StKouts, IN 46347

Property Details for 705 Main St

Year built

1962

Construction

WOOD

Lot size

0.43 AC

Property size (Sq ft)

2,760 SF

Property type

Medical offices

Property subtype

Medical centers

APN

64-16-07-431-006.000-014

APU

641607431006000014

Description

This exceptional 2700+ square foot office building is ideally situated on Highway 49 in Kouts, Indiana, offering unparalleled visibility and accessibility. Boasting over 11 rooms, this property presents a multitude of uses, perfect for medical, dental, optical, or chiropractic practices. The spacious waiting area features large windows, maximizing natural light and creating a welcoming atmosphere. A prominent, lighted marquis on the highway provides excellent advertising opportunities. The building sits on a 0.43-acre lot, providing ample space and parking. Located in the heart of Kouts, a community of over 2000 residents, this property benefits from high traffic volume and a strong local presence. The versatile layout includes dedicated spaces for exams, storage, and meetings, ensuring efficient workflow and ample room for expansion. This is a rare opportunity to establish or relocate your business in a thriving community with exceptional visibility and a well-maintained building. The asking price is $475,000. Don't miss this chance to secure a prime location for your business in Kouts, Indiana. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $886,985

  6.5%

  $818,756

  7%

  $760,273

• Comparable approach

  Method

  Valuation

  Relative Method

  $359,490

  Geo Method

  $359,490

• Alternative Use

  Use

  Valuation

  Residential

  $1,015,257

  Hospitality

  $929,970

  Educational

  $773,724

  Medical

  $800,334

  Retail

  $1,203,571

Location Insight

City

Kouts

County

Porter

State

Indiana

Latitude

41.3243

Longitude

-87.0263

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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