Approx. 15,700 SF Office Building in La Porte, IN

Office for Sale
Auction
Catylist Listing ID: 30040931
Property Subtypes: Office Building
Building Status: Proposed
Building Size (RSF): 15,700 SF
Gross Building Area: See Agent
Sale Price: $99,500
Unit Price: $6.34 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Other
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 11/29/2017

Overview / Comments

Built in 1959, this approximately 15,700 sf, two-story office building includes a very large parking lot with 75+ spaces in the rear. Located in the manufacturing area off of highway IN-39, it is within the La Porte Urban Enterprise Zone.

The building interior features a reception area; general and private office space; conference rooms; four bathrooms; and an unfinished basement. The 1st floor layout includes reception; a large storage room; 7 perimeter offices, 2 interior offices and a large, open center area. The 2nd floor layout includes 15 perimeter offices with a large, open center area; a kitchen; a conference room; and restrooms.

The building has recessed fluorescent light fixtures, painted drywall, acoustic tile ceiling, forced-air furnaces and central air conditioning. Additional features include an elevator and security system with swipe/code entry system. It is constructed with a concrete slab foundation, exterior walls of concrete brick and block, a pitched rubber roof, insulated masonry, and metal and wood structural components. It is equipped with 1,000 ampere, three phase, four-wire electric service and is served by municipal utilities.

**Please note: the HVAC system is not currently working and all water & electrical in the building is turned off.

In cooperation with Indiana Real Estate License #RB14030173, Joshua Vida, Paradigm Realty Solutions, LLC

Additional Details

Nearest MSA: Michigan City-La Porte
County: LaPorte

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,587 20,444 35,785
Median Age: 34.25 37.37 39.64
Households: 3,748 8,323 14,153

Contact

Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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