$345,000
$395,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
9633 W ST RD 56 French Lick, IN 47432
1 Acres Lot
Key Details
Sold Price $345,000
Property Type Commercial
Sub Type Other/Unknown
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 201836179
Sold Date 01/31/20
Year Built 1948
Annual Tax Amount $3,100
Tax Year 2018
Lot Size 1.000 Acres
Property Sub-Type Other/Unknown
Property Description
TURN KEY DAILY OPERATIONAL APARTMENT COMPLEX, SHOTGUN HOUSE, AND 4 BEDROOM, 2 BATHROOM OWNER'S RESIDENCE THAT IS ZONED FOR MOTEL AND TOURIST CABINS AND IS DISTINGUISHED AS AN INVESTMENT AND COMMERCIAL PROPERTY. THIS 10 UNIT APARTMENT COMPLEX AND ATTACHED SHOTGUN HOUSE ARE ALL CURRENTLY RENTED OUT MONTH TO MONTH. THIS WOULD MAKE AN INCREDIBLE INVESTMENT AND HAS BEEN WELL MAINTAINED. SOME UNITS ARE LARGER THAN OTHERS, BUT ARE ALL RELATIVE IN ROOM LAYOUT. PAVED PARKING LOT, LAUNDRY AREA, AND LARGE STORAGE FACILITY. THE OWNER'S RESIDENCE ALSO INCLUDES AN INGROUND SWIMMING POOL AND 2 CAR DETACHED GARAGE. THIS COMPLEX IS LOCATED RIGHT OFF OF SR 56 AND WOULD BE EASY TO ADVERTISE WITH TRAFFIC PASSING DAILY. PROOF OF FUNDS OR PRE-QUALIFICATION REQUIRED PRIOR TO SHOWING. THIS INVESTMENT/COMMERCIAL PROPERTY IS A MUST SEE PROPERTY
Location
State IN
Area Orange County
Direction HEADED SOUTH ON W ST RD 56, DRIVE THROUGH THE TOWN OF FRENCH LICK, PROPERTY IS ON YOUR LEFT
Interior
Flooring Concrete, Laminate
Appliance Building, Business, Land, Inventory
Exterior
Roof Type Metal,Rubber
Building
Story 1
New Construction No
Others
Financing Cash,Conventional,Other
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IDX information provided by the Indiana Regional MLS
Bought with Matthew Corey • Williams Carpenter Realtors