1401 Kings HwyWinona Lake, IN 46590

Property Details for 1401 Kings Hwy

Year built

1972

Construction

TYPE NOT SPECIFIED

Lot size

2.91 AC

Property size (Sq ft)

15,424 SF

Zone code

COMME

Property type

Office properties

APN

43-11-15-300-509.000-033

APU

431115300509000033

Description

This exceptional single-tenant office property offers 4,891 square feet of meticulously maintained Class A office space in the desirable Winona Lake area. The building boasts ample on-site parking, catering to the needs of employees and clients alike. The interior layout includes multiple private offices, perfectly suited for a variety of business configurations, and a welcoming reception area designed to create a professional first impression. An added benefit is the inclusion of a 975 square foot warehouse space, providing valuable extra storage or workspace. The main entry is shared with the Grace Brethren Investment Foundation, adding to the prestige of the location. This property is ideal for businesses seeking a well-appointed, functional, and conveniently located office space with the added advantage of extra warehouse storage. The single-story building offers easy accessibility and efficient workflow. The property's location in Winona Lake provides a desirable and attractive address for any business. This is a rare opportunity to secure a high-quality, well-maintained office space in a sought-after location. The combination of office and warehouse space makes this property exceptionally versatile and adaptable to a wide range of business needs. Don't miss this chance to establish your business in this prime Winona Lake location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,900,961

  6.5%

  $2,677,810

  7%

  $2,486,538

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,008,976

  Geo Method

  $2,008,976

• Alternative Use

  Use

  Valuation

  Residential

  $3,320,485

  Hospitality

  $3,041,546

  Educational

  $2,530,531

  Medical

  $2,617,560

  Retail

  $3,936,382

Location Insight

City

Winona Lake

County

Kosciusko

State

Indiana

Latitude

41.2229

Longitude

-85.8152

CBSA code

47700

CBSA name

WARSAW, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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