355 700Howe, IN 46746

  • Commercial real estate
  • 4,800 SF
For Sale
$325,000 View listing

Property Details for 355 700

Year built
1984
Construction
WOOD
Lot size
0.90 AC
Property size (Sq ft)
4,800 SF
Property type
Commercial real estate
APN
44-02-18-300-010.001-012
APU
440218300010001012

Description

This exceptional commercial property in Howe, Indiana, presents a unique investment opportunity. Situated on a 0.9-acre lot, the expansive 40' x 120' pole building is intelligently divided into two distinct units, each offering significant potential. Unit 1, a 40' x 40' space, boasts insulated walls and ceiling, ensuring year-round comfort. Two 12' x 14' overhead doors provide easy access, complemented by existing electrical service, two offices, a restroom, natural gas heat, and recently installed mini-split systems in the offices for climate control. New lighting enhances the workspace. Unit 2, a generously sized 40' x 80' area, also features insulated walls and a large 16' x 14' overhead door, along with substantial lofted storage currently utilized for storage. A convenient breakroom/kitchenette adds to the functionality. The entire building benefits from a robust 400 Amp service panel, including a 200 Amp sub-panel already installed, with provisions for an additional 200 Amp setup. Ample parking is available on-site. The property's commercial zoning allows for a wide range of business applications, making it an ideal choice for entrepreneurs and investors alike. Priced at $325,000, this property offers unparalleled versatility and significant return potential. The combination of well-appointed spaces, ample storage, and convenient location makes this a truly exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,033,346
    Hospitality
    $946,539
    Educational
    $787,510
    Medical
    $814,593
    Retail
    $1,225,015
355 700, Howe, Indiana

Location Insight

City
Howe
County
Lagrange
State
Indiana
Latitude
41.7444
Longitude
-85.419

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
$633
$13,800
$55,100
$68,900
-
$13,800
$55,100
$68,900

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