6,142sqft Modern Commercial Building with 5 Rental Units including 1 lease
The Property is Being Offered by The Bankruptcy Trustee
BIDDING ENDS: Wednesday, November 4 @ 3:00 pm
OPEN HOUSES:
Wednesday, November 20 @ 2 - 3pm
Wednesday, November 27 @ 2 - 3 pm
Located @ 2379 N Main St., Bluffton, IN 46714
MINIMUM STARTING BID IS $ 300,000
<<< Special Note: This is a Cash Sale. The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval.>>>
Discover a fantastic investment opportunity with this modern commercial building built in 2019 and offering over 6,100 sq. ft. of versatile space. Designed to accommodate up to 5 rental units, this property currently includes a tenant under a 4-year lease generating over $29,000 annually with scheduled rent increases.
KEY FEATURES INCLUDE:
**5 Rental Units**: Four office suites and a unique 600 sq. ft. heated garage featuring a 26' high ceiling and a 16' x 12' overhead door.
**Independently Controlled Heating and Cooling**: Each unit has its own high-efficiency gas furnace, allowing tenants to manage their comfort.
**Expansion Potential**: Additional land is available for future growth on-site, offering exciting options for developers.
**Prime Location**: Situated St. Rd. 1 on Bluffton's main north-side traffic corridor, with excellent visibility near Lowes, ensuring maximum exposure.
**Originally Listed at $789,000: Starting bid at $300,000, presenting a tremendous investment opportunity.
This property is in impeccable condition and poised to offer solid income potential. Don't miss this chance to bid on a premium asset with growth opportunities!
To register for the auction, you must have a valid credit card. Once this registration process is completed, you will receive an email notification from info@nessbros.com with further instructions on providing proof of funds. No bids will be accepted without sending proof of funds documentation. Please make sure to check your spam / junk email folder if you do not see this email notification. When sending proof of funds, be sure to provide the property address in the email subject line.