For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $395,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,846 sqft
Price per Sqft $81
Subdivision Rensselaer
MLS Listing ID 830662
Sold Date 03/13/26
HOA Y/N No
Year Built 1910
Annual Tax Amount $4,577
Tax Year 2024
Lot Size 3,441 Sqft
Acres 0.079
Property Sub-Type Mixed Use
Property Description
Looking for a commercial/mixed use investment property that generates passive income immediately!? Look no further than this once in a lifetime opportunity. Located in the heart of Rensselaer's bustling business district, this property features over 4800 square feet of completely renovated space. The lower level is a modern office space, complete with lobby and separate reception area, 6 private offices, 2 commercial restrooms, a large break room, and separate IT room. The upper level consists of a fully renovated 2 bedroom, 2 bath apartment with a stunning kitchen and open concept living area. This property is listed at a price that supports over 10 percent CAP RATE. Calling all investors to reach out for your personal showing!
Location
State IN
County Jasper
Rooms
Basement Storage Space, Unfinished
Interior
Interior Features Eat-in Kitchen, Kitchen Island, High Ceilings, Granite Counters
Heating Forced Air, Natural Gas
Fireplace N
Appliance Dryer, Water Heater, Washer, Refrigerator, Range, Microwave, Dishwasher
Exterior
Exterior Feature None
Parking Features On Street
View Y/N true
Building
Sewer Public Sewer
Water Public
Others
Tax ID 370730004017123027
Security Features Smoke Detector(s)
Acceptable Financing NRA20251111161652357010000000
Listing Terms NRA20251111161652357010000000
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with RE/MAX Lifestyles
Nearby Locations
GET MORE INFORMATION
