102 Gaslight DrVersailles, IN 47042

Property Details for 102 Gaslight Dr

Year built

1992

Construction

WOOD

Lot size

0.54 AC

Property size (Sq ft)

1,302 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

69-13-11-100-002.003-014

APU

691311100002003014

Description

This versatile commercial building at 102 Gaslight Drive, Versailles, Indiana, presents a unique investment opportunity. Boasting 18 individual offices, a spacious reception and waiting area, a dedicated conference room, and an open area ideal for cubicles, this property offers significant flexibility for a variety of uses. Currently, 1,450 square feet are occupied by existing tenants who are keen to remain, generating immediate income. The remaining space is readily leasable, providing substantial potential for growth. Strategically located just off US 50, this property enjoys excellent visibility and convenient access. The building features a full-size kitchen and three restrooms, situated outside a preschool area. A portion of the backyard is fenced for the preschool's use. The layout is thoughtfully designed, with the occupied spaces on opposite ends of the building, leaving the entire central section available for lease. Five separate entrances provide convenient access for tenants and clients. The property is equipped with a comprehensive fire alarm system and four independent gas HVAC systems, ensuring efficient climate control. Ample electrical capacity is available to power all offices. The 0.98-acre lot provides ample space and parking. This property is priced at $350,000 and offers a compelling combination of immediate income and significant future growth potential.

• Alternative Use

  Use

  Valuation

  Residential

  $220,080

  Hospitality

  $201,592

  Educational

  $167,722

  Medical

  $173,491

  Retail

  $260,902

Location Insight

City

Versailles

County

Ripley

State

Indiana

Latitude

39.072

Longitude

-85.2638

Property Tax & Assessments

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