1015 Huntington StSyracuse, IN 46567

Property Details for 1015 Huntington St

Year built

1999

Construction

WOOD

Lot size

1.01 AC

Property size (Sq ft)

2,688 SF

Zone code

COMME

Property type

Retail space

APN

43-04-08-300-231.000-026

APU

430408300231000026

Description

This exceptional commercial property at 1015 S Huntington St, Syracuse, Indiana, presents a unique owner-user opportunity. The 2,688 square foot building, constructed in 1999, is ideally suited for a variety of retail and automotive uses. The building features a spacious layout with 10-foot ceilings, fully metal-skinned and insulated interior walls, water lines, and floor drains. Two overhead doors provide convenient access for vehicles or equipment. The property also includes a separate 784 square foot office trailer, complete with office space, kitchenette, and restroom facilities. Situated on a 0.94-acre lot, this property boasts 145 feet of frontage on State Road 13, a high-traffic thoroughfare with an estimated 10,000 vehicles passing daily. The property's commercial zoning allows for a wide range of uses, and its strategic location within a thriving commercial area, surrounded by diverse retail and professional services, ensures high visibility and accessibility. The property's APN is 43-04-08-300-231.000-026. The asking price for this turnkey operation is $295,000. This single-story building offers a rare combination of space, location, and functionality, making it an ideal investment for a discerning buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $553,610

  6.5%

  $511,024

  7%

  $474,523

• Comparable approach

  Method

  Valuation

  Relative Method

  $364,116

  Geo Method

  $364,116

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $968,929

  Mixed-Use / Specialty

  $520,363

  Hospitality / Lodging

  $396,304

  Office

  $528,895

  Institutional / Educational

  $544,956

  Residential Income

  $637,599

  Multifamily

  $702,831

  Automotive / Energy

  $467,105

  Parking / Income-Based Land

  $150,166

  Restaurant / Food Service

  $294,463

  Healthcare / Senior Housing

  $522,178

Location Insight

City

Syracuse

County

Kosciusko

State

Indiana

Latitude

41.4093

Longitude

-85.7466

CBSA code

47700

CBSA name

WARSAW, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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