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    1105 N Mckinley Ave N Rensselaer, IN 47978

    For Sale
    $635,000

    Retail - Rensselaer, IN

    Type:Retail
    Property size:
    2,925 SF
    Lot size:
    0.79 Acres
    Days on Market:
    203
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 1105 N Mckinley Ave N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    370719006001154027
    Parking features
    Off Street, Paved or Surfaced
    Exterior features
    Corner Lot, Paved, Lighting, Private Yard
    Size
    2,925 SF
    Lot size
    0.79 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas, Zoned (Heating)

    Building Details

    Year built
    1956
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent William Loy (219) 322-5508 License #RB17001333

    Listing date May 18, 2025

    MLS# 820931 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rensselaer Retail/Auto Sales Opportunity

    This property presents an investment opportunity with a well-established auto sales business in a strategic location. Situated in a rapidly developing area, the property and its business assets offer significant potential for commercial use. The site benefits from frontage on US Highway 231, providing excellent visibility and attracting diverse business ventures. The property is equipped for turnkey used car sales and service. The shop area features a 12-foot clear height and includes one 10' x 12' drive-in door and one 10' x 10' drive-in door. A lighted monument sign enhances visibility. The lot size is 0.79 acres. The building has a living area of 2925 square feet. An additional 0.52-acre site at the southeast corner of McKinley and Maple is also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    White's Auto Sales Used Car Dealer White Freedom Rent ... Car Rental Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Greg Schneider Electric Motor Company, Auto Works, Anderson's Service, D-1 towing and recovery, Rule Auto Care

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Jasper
    State
    Indiana
    Longitude
    -87.150464
    Latitude
    40.945903

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    FAQs

    What type of property is this?
    Auto shop - Established auto sales business with highway frontage and development potential.
    Where is this auto shop located?
    The property is located at 1105 N Mckinley Ave N Rensselaer, IN.
    What is the asking price?
    The asking price for this property is $635,000.
    What are key features of this property?
    This property features: - Strategic location on US 231 with excellent visibility.; - Turnkey used car sales and service business included.; - Significant potential for diverse commercial ventures in a rapidly developing area.
    (219) 322-5508
    Request Owner's contact information
    1105 N Mckinley Ave N Rensselaer, IN 47978
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1105 N Mckinley Ave N Rensselaer, IN 47978
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