2470 Maranatha LnVincennes, IN 47591

  • Commercial land
  • 0.39 AC
For Sale
$295,000 View listing

Property Details for 2470 Maranatha Ln

Lot size
0.39 AC
Property type
Commercial land
APN
42-12-15-403-005.000-022
APU
421215403005000022

Description

This exceptional commercial property at 2470 Maranatha Lane in Vincennes, Indiana, presents a unique investment opportunity. Boasting approximately 3,600 square feet of well-designed space, this building is ideally situated off 6th Street, providing convenient highway access and excellent visibility. The property features a welcoming reception area, two spacious showrooms perfect for showcasing products or services, multiple private offices for administrative needs, a comfortable break room, and two bathrooms – one complete with a shower. A substantial 28x60 warehouse area is complemented by a 17x60 loft space, offering ample storage and potential for various uses. Access to the warehouse is facilitated by a 12-foot overhead door. Further enhancing the property's functionality is a large 71x11 garage space with an attached storage room. The 0.89-acre lot provides ample parking for customers and employees, and the property benefits from significant road frontage. Its strategic location is surrounded by established commercial businesses, including Dollar General, American Rentals, Taco Bell, McDonald's, and Culligan Water, ensuring high traffic and visibility. This property offers significant potential for a variety of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,165,608
    Hospitality
    $2,899,680
    Educational
    $2,412,500
    Medical
    $2,495,469
    Retail
    $3,752,777

Location Insight

City
Vincennes
County
Knox
State
Indiana
Latitude
38.6905
Longitude
-87.5056
CBSA code
47180
CBSA name
VINCENNES, 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
$286
$9,400
-
$9,400
-
$9,400
-
$9,400

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