2904 45th St
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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.
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 | - | - |
Total Expenses | $99,999 | $9.99 |
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
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
PROPERTY TAXES
Parcel Number | 45-07-33-203-005.000-026 | Improvements Assessment | $87,900 (2023) |
Land Assessment | $99,900 (2023) | Total Assessment | $187,800 (2023) |
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)
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2904 45th St
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