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201 Burlington Ave
Logansport, IN 46947

201 Burlington Ave · Office Property For Sale

Investment Highlights

  • Triple net lease in place with Logansport Learning Academy, a legacy tenant in fifth year of ten-year term. Ten-year renewal option included
  • Current business owner plans to stay at the location and sees a long future for their business in this building.
  • Building includes a full basement that adds great storage opportunities for the current business.
  • Childcare business occupying the space serves over 130 customers, has 23 employees, and cares for children 6 weeks to pre-K.
  • Well-kept building with newer siding, floors, and a repaved parking lot.

PROPERTY FACTS

Property Type
Office
Building Size
9,198 SF
Building Class
B
Year Built
1976
Building Height
1 Story
Typical Floor Size
9,198 SF
Building FAR
0.53
Lot Size
0.40 AC

Amenities

  • Basement

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-17-57-200-027.000-010
Land Assessment
$30,400
Improvements Assessment
$76,100
Total Assessment
$106,500
  • Listing ID: 27222858

  • Date on Market: 12/1/2022

  • Last Updated:

  • Address: 201 Burlington Ave, Logansport, IN 46947

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