R
Seller's Agent in 2024
Robert Thatcher
Coldwell Banker Real Estate Group
(574) 293-1010
8 Total Sales
600 N Wayne St Angola, IN 46703
--
Bed
2
Baths
3,800
Sq Ft
0.33
Acres
Highlights
- Corner Lot
- ENERGY STAR/Reflective Roof
- Community Storage Space
- Forced Air Heating and Cooling System
- Concrete Flooring
- Wood Siding
About This Home
As of October 2024** Leased Investment ** Prime Investment Opportunity - estimated, 11% CAP Rate! Introducing! 600 N. Wayne Street Angola, Indiana Affordable, Investment Grade Property w/ Opportunity Zone Tax Incentives! ATTENTION - INVESTORS | 3,800 SF Commercial Restaurant For Sale Prime NE Indiana Location adjacent to the dynamic Angola Central Business District (CBD) & Trine University! ZONED: C-1 City Commercial The Wayne Street Commercial District is US HWY 127 and is home to many national brands neighboring this prominent investment property High Visibility, Excellent Signage & Average Daily Traffic Counts of 15,714 Very Well Maintained Commercial Facility with Newer, EPDM Roof & HVAC System(s) both replaced in 2021. Ample On-Site Parking for Customers & Staff Commercial Kitchen Exhaust Hood, Cooler & (3) Bay Sink, Included w/Sale of Real Estate Modified Net Leased Asset through May, 2025; Renewal Option w/Increase to Base Rent of up to 10% is provided for in the Lease Agreement. Priced To Sell: $249,900 ($65.76/SF) Offered Exclusively By: Robert L. Thatcher CRRP, CRX, CSM, CMD, CLS, CDP Commercial Broker/Advisor - Coldwell Banker Commercial
Last Agent to Sell the Property
Coldwell Banker Real Estate Group Brokerage Phone: 574-596-1576 Listed on: 08/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,477
Year Built
- Built in 1964
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 66' x 219'
- Corner Lot
- Level Lot
Home Design
- Flat Roof Shape
- Slab Foundation
- Rubber Roof
- Metal Roof
- Wood Siding
- Masonry Siding
- Block Exterior
- Metal Siding
- Masonry
Interior Spaces
- 2 Bathrooms
- 1-Story Property
- Concrete Flooring
Parking
- 20 Parking Spaces
- Private Parking
- Gravel Driveway
- Unpaved Parking
- Paved Parking
- Off-Street Parking
Eco-Friendly Details
- Energy-Efficient HVAC
- ENERGY STAR/Reflective Roof
Location
- Suburban Location
Schools
- Pleasant Lake Elementary School
- Angola Middle School
- Angola High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- North Wayne Subdivision
- Community Storage Space
- Insurance Expense $1,500
Listing and Financial Details
- Tenant pays for cable, electric, heating, lawn maintenance, maintenance, parking, sewer, snow removal, trash collection, water
- The owner pays for building insurance, tax
- Assessor Parcel Number 76-06-26-120-313.010-012
- Seller Concessions Not Offered
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $245,000 | -2.0% | $64 / Sq Ft |
| 08/30/2024 08/30/24 | For Sale | $249,900 | -- | $66 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,577 | $196,200 | $84,200 | $112,000 |
| 2023 | $3,477 | $187,700 | $84,200 | $103,500 |
| 2022 | $3,307 | $179,400 | $77,600 | $101,800 |
| 2021 | $3,394 | $171,000 | $77,600 | $93,400 |
| 2020 | $3,298 | $171,000 | $77,600 | $93,400 |
| 2019 | $3,333 | $167,400 | $77,600 | $89,800 |
| 2018 | $3,405 | $163,200 | $77,000 | $86,200 |
| 2017 | $3,225 | $149,700 | $77,000 | $72,700 |
| 2016 | $3,111 | $149,000 | $77,000 | $72,000 |
| 2014 | $3,301 | $156,300 | $77,000 | $79,300 |
| 2013 | $3,301 | $157,300 | $77,000 | $80,300 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Thatcher
-
Bob Burnsworth
Buyer's Agent in 2024
Bob Burnsworth
Coldwell Banker Real Estate Gr
(260) 519-3637
153 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202433588
APN: 76-06-26-120-313.010-012
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