Back to search
2549 Highway Avenue Highland, IN $ 550,000
Share Save
$ 550,000 Get more info
2549 Highway Avenue
$ 550,000
Back to search
Share Save

2549 Highway Avenue

Highland, IN, 46322
$ 550,000
Baths0.0 Sq 8,432

Monthly Estimate*

$ 3,842

2549 Highway Avenue, Highland, IN 46322 - Image 1
2549 Highway Avenue, Highland, IN 46322 - Image 2
Studio

Commercial Property for sale in Highland, IN

for $550,000. This 8,432 square foot building was built in 1968 on a lot size of 1.683.

Unbelievable investment opportunity!! This income property has a quality, long-term tenant, and tenant is responsible for 90% of all maintenance items! Because this building is leased, and has been leased in the past to a state accredited school, the property is exempt for any/all real estate taxes! The building is in a wonderful location in downtown Highland, and building is in very good condition with low maintenance. Gross rent generated is nearly pure income to the building owner. It is the BUILDING ONLY for sale, and not the business. Opportunities for an investment like this one do not come along very often. Do Not Miss Out!!

See more
Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

1.683

Year Built

1968

Town/City

Highland

County/Region

Lake

MLS | Web ID

802175
Features
General
Interior Features Entrance Foyer High Ceilings
Sewer Public Sewer
Heating Central Forced Air Natural Gas
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Appliances None
Exterior Features Private Yard Rain Gutters
Year Built 1968
Electric Circuit Breakers
Township North
Property SubType Business
Tax Year 2024
Gross Income 60290
Community Features Curbs Sidewalks
County Lake
Net Operating Income 57290
Insurance Expense 3000
Property Type Commercial Sale
Subdivision Name None
Building Features Enclosed Stair(s) Meeting Room Private Restrooms
Status Active
Directions Kenned Ave to Highway Ave W to property (on N side)
City Highland
Zoning Description Commercial
Lot Size Square Feet 73311.48
Waterfront Y/N N
Street Name Highway
Property Attached Y/N N
Tax Annual Amount 0
Standard Status Active
Total Actual Rent 60290
Taxes 0
Legal Description PT. W.1/2 SW.1/4 S.21 T.36 R.9 (69.89X1019.12FT) 1.683AC
See more
Exterior
Fencing None
Parking Features Additional Parking Asphalt Off Street On Site Parking Lot Paved
Lot Features Landscaped Paved Rectangular Lot
Water Source Public
Total Parking 60
Lot Dimensions 69.89x1028.35
Lot Size Acres 1.683
Frontage Length 69.84
Lot Size Source Assessor
See more
Interior
Street Suffix Avenue
Laundry Features None
See more
* Excluded Features
List By
Tom Boyle

Listing Agent

T.J. Boyle Real Estate, Inc.

Broker

tjboyle486@yahoo.com

Email

Affordability Calculator

$3,842
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2024$550,000 -15.38% Price Down
4/15/2024$650,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

2549 Highway Avenue, Highland, IN, 46322 is a Commercial Property for sale at $550,000 with 8,432 sqft and a lot size of 1.683. 2549 Highway Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 46322 which is in Highland, IN

Get more info