340 2nd St | Aurora, IN 47001
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- LoopNet Team
340 2nd St
Aurora, IN 47001
Value-Add Bank Branch in Downtown Submarket · Retail Property For Sale
Investment Highlights
- Excellent Visibility On Corner Lot Placement: The property is strategically positioned on a corner lot with upmarket visibility.
- The offering will allow new ownership to pursue an owner-user strategy, lease-up, or redevelopment (general retail/office) to maximize upside returns.
- Property benefits from its downtown location & nearby commercial activity including restaurants, healthcare facilities, and public-service facilities
- Motivated Seller: The subject property is a bank-owned property that will be selling at a low cost basis.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,000 SF
Year Built
1940
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.26 AC
Zoning
C - Commercial
Parking
17 Spaces (1.31 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $120,300 | |
| Land Assessment | $48,800 | Total Assessment | $169,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$48,800
Improvements Assessment
$120,300
Total Assessment
$169,100
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