456 State Road 60Pekin, IN 47165

Property Details for 456 State Road 60

Year built

1940

Construction

WOOD

Lot size

0.61 AC

Property size (Sq ft)

2,340 SF

Property type

Warehouses

APN

88-14-24-444-035.000-014

APU

881424444035000014

Description

This exceptional commercial property presents a unique investment opportunity in the thriving town of Pekin, Indiana. Strategically located at a high-traffic intersection on a sizable 1.54-acre corner lot, this property boasts three individual lots, offering significant flexibility and potential for expansion. The main commercial building is equipped with three-phase electric service, ensuring ample power for a variety of businesses. The building also features forced-air propane heat and central air conditioning, providing comfortable year-round climate control. A substantial metal addition extends from the rear of the main structure, adding valuable extra space. Beyond the building itself, a vacant lot provides ample room for parking, a significant advantage in a high-traffic area. The combination of prime location, substantial lot size, existing building infrastructure, and ample parking makes this property an ideal investment for entrepreneurs and business owners seeking a strong foothold in a busy commercial area. The property's versatility allows for a wide range of potential uses, making it an attractive option for various business ventures. This is a rare opportunity to acquire a well-situated commercial property with significant development potential in a desirable location. Don't miss out on this chance to secure a valuable asset in a growing market.

• Alternative Use

  Use

  Valuation

  Residential

  $330,393

  Hospitality

  $302,638

  Educational

  $251,791

  Medical

  $260,451

  Retail

  $391,675

Location Insight

City

Pekin

County

Washington

State

Indiana

Latitude

38.5016

Longitude

-86.0139

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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