403 Erie PassAuburn, IN 46706

Property Details for 403 Erie Pass

Year built

1996

Construction

WOOD

Lot size

0.90 AC

Property size (Sq ft)

2,016 SF

Property type

Retail properties

Property subtype

Banks

APN

17-06-28-377-010.000-025

APU

170628377010000025

Description

This single-tenant, 2,016 square foot retail building in Auburn, Indiana, presents a unique investment opportunity. Situated on 0.9 acres and built in 1996, the property features a convenient drive-up window with three lanes and ample parking, including ADA-accessible spaces. The building's interior boasts abundant natural light, private offices, a large conference room, a secure vault, and a spacious lobby. Its C1 zoning allows for diverse uses, including office, restaurant, or retail. The property is strategically located across from Parkview DeKalb Hospital, a major local employer, ensuring high visibility and potential customer traffic. The building is a single-story structure with 24 total parking spaces and 220-volt power. This property offers a compelling combination of functionality, location, and potential for various business ventures. The building's size and amenities make it suitable for a range of businesses seeking a well-equipped and conveniently located space in a thriving community. The property is located at 403 Erie Pass, Auburn, IN 46706.

• CAP approach

  CAP return

  Valuation

  6%

  $557,382

  6.5%

  $514,506

  7%

  $477,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $100,032

  Geo Method

  $100,032

• Alternative Use

  Use

  Valuation

  Residential

  $434,005

  Hospitality

  $397,547

  Educational

  $330,754

  Medical

  $342,129

  Retail

  $514,506

Location Insight

City

Auburn

County

Dekalb

State

Indiana

Latitude

41.3703

Longitude

-85.0358

CBSA code

12140

CBSA name

AUBURN, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].