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2549 Highway Avenue, Highland, IN 46322
$550,000 -$100,000 (-15.38%) Price Reduced
2549 Highway Avenue, Highland, IN 46322View this property at 2549 Highway Avenue, Highland, IN 46322
2549 Highway AvenueHighlandIN46322
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Property Description
Unbelievable investment opportunity!! This income property has a quality, long-term tenant, and tenant is responsible for 90% of all maintenance items! Because this building is leased, and has been leased in the past to a state accredited school, the property is exempt for any/all real estate taxes! The building is in a wonderful location in downtown Highland, and building is in very good condition with low maintenance. Gross rent generated is nearly pure income to the building owner. It is the BUILDING ONLY for sale, and not the business. Opportunities for an investment like this one do not come along very often. Do Not Miss Out!!
Full Property Details
Full Property Details for 2549 Highway Ave
General
- Price: $550,000
- Taxes: (2024)
- Status: Active
- Type: Business
- MLS ID: 802175
- Updated: 4/24/2024
- Added to Site: 14 day(s) ago
Interior
- Interior Features: Entrance Foyer, High Ceilings
- Appliances: None
Exterior
- Exterior Features: Private Yard, Rain Gutters
Parking
- Parking Features: Additional Parking, Asphalt, Off Street, On Site, Parking Lot, Paved
Location
- County: Lake
- Township: North
- Subdivision: None
- Driving Directions: Kenned Ave to Highway Ave, W to property (on N side)
Heating & Cooling
- Heating Type: Central, Forced Air, Natural Gas
Structural Information
- Square Feet: 8,432
- Year Built: 1968
Lot Features
- Lot Size (Acres): 1.683
- Lot Size (Sq. Ft.): 73,311.48
- Lot Dimensions: 69.89 x 1028.35
- Lot Features: Landscaped, Paved, Rectangular Lot
- Zoning: Commercial
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Legal Description: PT. W.1/2 SW.1/4 S.21 T.36 R.9 (69.89X1019.12FT) 1.683AC
- Property ID: 45-07-21-302-019.000-026
Listed by T.J. Boyle Real Estate, Inc.
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Schools
Schools serving 2549 Highway Ave
School District:School Town Of Highland
Rating | Name | Grades | Distance |
---|---|---|---|
9135 Erie St, Highland, IN 46322 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2549 Highway Ave
Date
Details
Price
Change
Source
4/24/2024
Price Reduced
$550,000
-15.38%
MLS
4/15/2024
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2549 Highway Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
$466,300
2%
2022
100%
$458,700
5%
2020
100%
$435,600
-5%
2019
—
$456,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2549 Highway Ave
2549 Highway Avenue, Highland, IN 46322 (MLS# 802175) is a Business property. 2549 Highway Avenue is currently listed for $550,000 and was received on April 15, 2024. Want to learn more about 2549 Highway Avenue? Do you have questions about finding other Business real estate for sale in Highland? You can browse all Highland real estate or contact a Coldwell Banker agent to request more information.