179 Miami StPeru, IN 46970

Property Details for 179 Miami St

Year built

1977

Construction

WOOD

Lot size

0.35 AC

Property size (Sq ft)

6,240 SF

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

52-08-27-304-036.000-016

APU

520827304036000016

Description

This exceptional investment opportunity presents a 0.68-acre commercial property located at 179 N Miami Street in Peru, Indiana, listed at $500,000. The property consists of commercial buildings currently leased, offering immediate cash flow for the investor. The previous owner operated a printing business on the site, which has since been sold, and the real estate is now available for purchase separately. The buildings are well-maintained and in excellent condition, presenting a solid foundation for continued rental income. There is significant potential for expansion, allowing for future growth and increased profitability. The ample space provides flexibility for a variety of commercial uses, making this a versatile investment. This property is ideal for investors seeking a stable, income-generating asset with significant upside potential in a desirable location. The strong existing lease provides immediate return on investment, while the potential for expansion offers long-term growth opportunities. Financial details and a property tour can be arranged upon request. This is a rare opportunity to acquire a well-established commercial property in a thriving market. Don't miss out on this chance to secure a valuable addition to your investment portfolio.

• Alternative Use

  Use

  Valuation

  Residential

  $1,343,350

  Hospitality

  $1,230,501

  Educational

  $1,023,762

  Medical

  $1,058,971

  Retail

  $1,592,520

Location Insight

City

Peru

County

Miami

State

Indiana

Latitude

40.7565

Longitude

-86.0727

CBSA code

37940

CBSA name

PERU, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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