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3741 45th St
Highland, IN 46322

Office Property For Sale

Investment Highlights

  • Located on the north side of 45th Street in Highland.
  • Located near CVS, Strack & Van Til, Wendy's, Asada Grill and Cantina, Speedway, First Financial Bank, and numerous other conveniences.
  • I-65 is 7 miles east, thus providing commuters convenient access to Chicago, Indianapolis, and other surrounding communities.

Executive Summary

This is a 4 unit medical office building with each unit having 1,155 SF. New owner can move in and occupy part of the building and lease the
remaining. Interior features include: shared vestibule common area with water fountain and men's and women's bathrooms. Two units in lower level and two units upper level. This building is also for lease for $13.00/SF. The roof and HVAC units are 8 years old.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,332 SF
Building Class
C
Year Built
1975
Price
$450,000
Price Per SF
$84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,666 SF
Slab To Slab
9’
Building FAR
0.05
Lot Size
2.53 AC
Zoning
PB
Parking
70 Spaces (10 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45-07-27-454-042.000-026
Land Assessment
$85,900
Improvements Assessment
$259,200
Total Assessment
$345,100
  • Listing ID: 31509807

  • Date on Market: 4/15/2024

  • Last Updated:

  • Address: 3741 45th St, Highland, IN 46322

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