This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

2904 45th St

4,144 SF Retail Building Highland, IN 46322 $699,000 ($169/SF)

Investment Highlights

  • Many Capital Improvements Since 2018!
  • Apartments (Leased) on 2nd Floor
  • Low Taxes!

Executive Summary

ESTABLISHED Sit-Down Family Restaurant & Lounge w/ strong sales &
major capital improvements completed since 2018. The property also
features 1 LARGE, 2-bed, 2-bath apartment on the 2nd oor (Leased). Real
Estate and Business included. Recent improvements include: Roof (2021),
HVAC (2020 & 2022), Boiler rebuilt (2020), Kitchen Equipment (2019-2021),
Water Heater (2021). 38 Parking Paces. Parking Lot in Excellent condition.
Low Taxes ($5,011/yr). Call Broker for more details.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,144 SF
Building Class
B
Year Built
1947
Price
$699,000
Price Per SF
$169
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.54 AC
Zoning
Commercial
Parking
38 Spaces (9.17 Spaces per 1,000 SF Leased)
Frontage
80 FT on 45th Street

Nearby Major Retailers

First Financial Bank
Planet Fitness
Fifth Third Bank
Old National Bank
Meijer
MOD Pizza
Jenny Craig
Starbucks
Olive Garden

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-07-33-203-005.000-026
Land Assessment
$99,900 (2023)
Improvements Assessment
$87,900 (2023)
Total Assessment
$187,800 (2023)
  • Listing ID: 34310886

  • Date on Market: 12/28/2024

  • Last Updated:

  • Address: 2904 45th St, Highland, IN 46322

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}