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
| Parcel Number | 09-17-57-200-027.000-010 | Improvements Assessment | $74,900 |
| Land Assessment | $30,400 | Total Assessment | $105,300 |
