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720 E Lincolnway

9,810 SF Industrial Building Laporte, IN 46350 $475,000 ($48/SF)

Investment Highlights

  • Retail building has large, street-facing windows into the showroom.
  • Paved parking surrounding building.
  • Warehouse, located behind the retail building, has an at-grade loading dock with a height of 14’.

Executive Summary

9,810 SF building with warehouse on 0.55 acres for sale in the heart of the City of LaPorte’s retail and commercial district. Both buildings are well lit, clean and in excellent condition. The retail building has large, street-facing windows into the showroom. The warehouse, located behind the retail building, has high capacity heating, high ceilings, an at-grade loading dock with a height of 14’, and 240 volts/30 amp electrical service.
The property is located on the near east side of The City of LaPorte in the commercial and retail area of the city. It sits on a corner with retail frontage facing of E. Lincolnway, the main street of the city, and Philadelphia Street to the east. Ridgeway Street borders the rear of the property allowing for multiple access into the site. Average daily traffic count on E Lincolnway is over 22,000.

Property Facts

Price $475,000
Price Per SF $48
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.55 AC
Rentable Building Area 9,810 SF
No. Stories 1
Year Built 1932
Tenancy Single
Parking Ratio 0.5/1,000 SF
Clear Ceiling Height 14 FT
No. Dock-High Doors/Loading 1
Opportunity Zone Yes

Amenities

  • Signage
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-06-36-212-009.000-043
Land Assessment
$108,200
Improvements Assessment
$53,500
Total Assessment
$161,700

zoning

Zoning Code B-1 (420 - Commercial Small Retail (County))
B-1 (420 - Commercial Small Retail (County))
  • Listing ID: 34275267

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 720 E Lincolnway, Laporte, IN 46350

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