121 King StGarrett, IN 46738

For Sale
$64,900 View listing
  • Commercial real estate
  • 1,920 SF

Property Details for 121 King St

Year built
1920
Construction
WOOD
Lot size
0.05 AC
Property size (Sq ft)
1,920 SF
Property type
Commercial real estate
APN
17-09-04-234-001.000-013
APU
170904234001000013

Description

This exceptional 2,000 square foot commercial property, located at 121 W King Street in Garrett, Indiana, presents a unique investment opportunity. Situated on a 0.05-acre lot, this prime corner location offers unparalleled visibility, directly across from the Garrett State Bank. Currently configured as a restaurant, the space is easily adaptable to a variety of uses, including office space. The sale includes all existing restaurant equipment, tables, booths, and chairs, representing significant value for the buyer. The property's versatile layout and desirable location make it an ideal choice for entrepreneurs seeking a turnkey operation or a business looking to establish a strong presence in the heart of Garrett. The address is 121 W King Street, Garrett, IN 46738. The asking price is $64,900. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and return on investment. Don't miss out on this chance to own a piece of Garrett's vibrant business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $413,338
    Hospitality
    $378,616
    Educational
    $315,004
    Medical
    $325,837
    Retail
    $490,006
121 King St, Garrett, Indiana

Location Insight

City
Garrett
County
Dekalb
State
Indiana
Latitude
41.3503
Longitude
-85.1366
CBSA code
12140
CBSA name
AUBURN, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,079
$5,900
$33,100
$39,000
-
$5,900
$33,100
$39,000

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