Griffith IN Commercial for Sale
ADDITIONAL INFORMATION
5 PROFESSIONALLY MANAGED FULLY RENTED 2BDRM 1 BATH condos are being offered as one package...These units are in 4 separate buildings...These are all long term tenants (4 of them have been here over 10 years)...Rock solid brick buildings with clean hallways, intercom security, tenant storage and coin laundry on every floor...all units come with fridge, stove, dishwasher & fireplace...Plenty of parking...Inground Pool...landscaped common areas with picnic tables...The units are all in good shape and rented...4 of the units have new furnace/AC and tower...a couple of the units could use new carpet but 4 of these tenants have been here for10 plus years...929-303 $945 (930 sq-ft) / 931-101 $950 (1180 sq-ft) / 933-106 $1000 (930 sq-ft) / 935-101 $945 (930 sq-ft) / 935-204 $930 (930 sq-ft)...HOA pays water, sewer, garbage, snow, grass, landscape, maintenance and building insurance...HOA fee 185 per/month...taxes 210 per/month...management fee 65 per/month...There has always been room to grow these rents...With some updates these rents could be increase by 40 or 50 %...Excellent location close to plenty of shopping, dining, entertainment and only a 10-minute drive to the train station.
$1,247,700
840 S Broad Street Griffith, IN 46319
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.6 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 813963
ADDITIONAL INFORMATION
Very Unique Opportunity to Purchase a Wonderful Piece of Land, Central Location and a Over the Top Building That the Current Owners Purchased and Gutted the Building to the Studs! NEW Flooring, NEW Bathrooms. Even the Plumbing and Electric were Removed and Replaced for a Fresh Start. ALL 4 HVAC Units Were Also Replaced Including the Ductwork. SMART Siding Comes with a 20 Plus Year Warranty. Windows and Doors Were Also Replaced Since Seller Purchased. Parking Lot was Previously Stone-Updated Parking Area. Check Out the New PATIO, Rock Area and Garbage Corral. Roof is Approx. 12 Years. Now is the Time to Move Your Current Business or Start that Business You Have Always Dreamed About Owning! Shipwreck Restaurant Business is Still Conducting Business at This Time. Consider This Fabulous Location for Your Current or New Restaurant or Any Business that Works at this Location!!! Schedule a Private Showing Soon-You Will Not Be Disappointed.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Griffith Real Estate
The median home value in Griffith, IN is $259,900. This is higher than the county median home value of $207,000. The national median home value is $338,100. The average price of homes sold in Griffith, IN is $259,900. Approximately 67.9% of Griffith homes are owned, compared to 26.28% rented, while 5.82% are vacant. Griffith real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Griffith real estate agent to arrange a tour today!
Griffith, Indiana has a population of 16,213. Griffith is more family-centric than the surrounding county with 29.12% of the households containing married families with children. The county average for households married with children is 27.11%.
The median household income in Griffith, Indiana is $64,265. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Griffith is 37.8 years.
Griffith Weather
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 38.8 inches per year, with 32.3 inches of snow per year.