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Listed by Tim Hall • F.C. Tucker/Prosperity
$ 949,000
Est. payment /mo
Active
8758 S State Road 9 Pendleton, IN 46064
13,134 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 13,134 sqft
Price per Sqft $72
MLS Listing ID 22019595
Year Built 1916
Tax Year 2023
Lot Size 4.130 Acres
Acres 4.13
Property Sub-Type Mixed Use
Property Description
Exceptional multi-building, multi-tenant, commercial property for sale in Pendleton, Indiana sitting on +/-4.12 acres. This versatile 7 unit, multi-tenant property offers the savvy investor with ample space for multiple businesses/tenants or for further expansion if desired for value add strategy. Investors will simultaneously enjoy a steady stream of long term tenant cash flow and the opportunity to diversify an investment portfolio. Owner/operators will also enjoy the opportunity to set up an office in a solid brick farm house built in 1916, which has immaculate wooden inlays and custom carpentry. The house is another opportunity to provide a tenant an amazing office space and generate more income. Each building is suited to accommodate various tenants, making it a highly desirable property for income generation and long-term investment. With its strategic location just 6 minutes from I-69 Exit 219 and 13 minutes from I-70 Exit 104 it offers unparalleled access between two very busy interstate corridors. With over 6,100 vehicles passing by per day passing this property also offers high visibility and easy access for businesses and customers alike. Pendleton is a growing and vibrant community with a strong local economy, complemented by its proximity to Indianapolis and Greenfield. Being centrally located to Greenfield, Muncie, Anderson, and Indianapolis allows this property to be is ideally positioned to serve Central Indiana's growing commercial needs. Each of 7 units are attached to municipal utilities. Don't miss your chance to own this versatile, strategically located commercial property!
Location
State IN
County Madison
Zoning GB
Interior
Heating Forced Air, Gas
Cooling Central Electric
Fireplace N
Exterior
Utilities Available Gas, Sewer Connected, Water Connected
Building
New Construction false
Schools
School District South Madison Com Sch Corp
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