3354 Lake City HwyWarsaw, IN 46580
- Land
- 0.72 AC
Property Details for 3354 Lake City Hwy
- Lot size
- 0.72 AC
- Zone code
- C-5 S
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 43-11-15-100-110.000-032
- APU
- 431115100110000032
Description
This exceptional 2,332-square-foot single-tenant property at 3354 Lake City Highway in Warsaw, Indiana, presents a unique opportunity for office or retail use. Built in 1975, this one-story building sits on a 0.98-acre lot and is zoned C-5 Special Commercial (APN: 43-11-15-100-001.501-032, Kosciusko County). The property boasts five drive-thru lanes and ample parking, making it highly accessible and convenient for customers. Currently vacant, the space is in excellent condition and ready for immediate occupancy. Its former use as a bank branch provides a solid foundation for various business ventures. Located on US 30, Warsaw's primary retail corridor, this standalone building enjoys high visibility and proximity to numerous national retail and dining establishments. The average daily traffic count in 2021 was 30,069 vehicles, indicating significant potential for customer reach. Lease terms are negotiable. Warsaw's reputation as the "Orthopedic Capital of the World" further enhances the area's economic strength and potential for business growth. This property offers a compelling combination of location, accessibility, and versatility, making it an ideal investment for discerning businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,751,840
- Hospitality
- $6,184,648
- Educational
- $5,145,555
- Medical
- $5,322,518
- Retail
- $8,004,196
Location Insight
- City
- Warsaw
- County
- Kosciusko
- State
- Indiana
- Latitude
- 41.2337
- Longitude
- -85.808
- CBSA code
- 47700
- CBSA name
- WARSAW, IN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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