For Auction
**Auction Opportunity: Prime Commercial Building in Bluffton** This is an ONLINE Real Estate Auction. All offers must be submitted ONLINE. The current highest bid amount will be available to the public. The Bankruptcy Trustee will review the Highest Offer on Wednesday, December 4 @ 3pm. There will be Two Open House dates to view the property on Wed. Nov. 20 (2-3 pm) and Nov. 27 (2-3 pm). <<< Special Note: This is a Cash Sale. The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval.>>> Discover a fantastic investment opportunity with this modern commercial building built in 2019 and offering over 6,100 sq. ft. of versatile space. Designed to accommodate up to 5 rental units, this property currently includes a tenant under a 4-year lease generating over $29,000 annually with scheduled rent increases. KEY FEATURES INCLUDE: **5 Rental Units**: Four office suites and a unique 600 sq. ft. heated garage featuring a 26' high ceiling and a 16' x 12' overhead door. **Independently Controlled Heating and Cooling**: Each unit has its own high-efficiency gas furnace, allowing tenants to manage their comfort. **Expansion Potential**: Additional land is available for future growth on-site, offering exciting options for developers. **Prime Location**: Situated St. Rd. 1 on Bluffton's main north-side traffic corridor, with excellent visibility near Lowes, ensuring maximum exposure. **Originally Listed at $789,000: Starting bid at $300,000, presenting a tremendous investment opportunity. This property is in impeccable condition and poised to offer solid income potential. Don't miss this chance to bid on a premium asset with growth opportunities!
From Downtown Bluffton head to N Main St., passed Monroe e St. property is on the right side.
MLS # | 202442809 |
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Date Listed | 2024-11-04 |
Status | Active |
Property Type | Commercial |
Property SubType | Office |
New Construction | No |
Type | Office |
Annual Taxes | $10,424.72 |
Year Taxes Payable | 2023 |
Year Built | 2019 |
Virtual Tour | propertypanorama.com » |
Days on Market | 30 |
Den | 1 × 6142 | Level |
3rd Bedroom | 4 × 2 | Level |
Construction | Office |
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Lot Size | 26,572 sq ft |
Acreage | 0.61 Acres |
Lot Dimensions | 234 x 84 |
Fence | None |
Area | Wells County |
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County | Wells |
Subdivision | None |
Township | Lancaster |
City | Bluffton |
State | IN |
Zip | 46714 |
Assoc. Dues | $0.00 |
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MLS# 202442809
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Kurt Ness
Ness Bros. Realtors & Auctioneers
Off: 260-459-3911
Listing updated December 4, 2024 at 10:30 am
Last checked 9 minutes ago