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    107 Felicity St Angola, IN 46703

    For Sale
    $310,000

    Versatile building, high potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 107 W Felicity St in Angola, Indiana, presents a unique investment opportunity. Situated on a 0.49-acre lot, the building offers significant versatility and substantial potential for a variety of uses. Previously operating as a daycare center, the property's adaptable layout includes numerous offices and conference rooms, making it ideally suited for a professional office setting. The spacious interior provides ample room for expansion or customization to meet specific business needs. A key advantage is the inclusion of a two-bedroom apartment on the second floor, offering potential for owner occupancy, rental income, or staff housing. The property's location in Angola, Indiana, provides convenient access to local amenities and a thriving community. The asking price of $310,000 represents a compelling value for a property with such diverse possibilities. This is an excellent chance to acquire a well-situated commercial building with significant upside potential. The property's size and layout offer flexibility for a range of businesses, making it an attractive investment for both established companies and entrepreneurs seeking a prime location to establish their operations. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is sold as-is.

    Property Features for 107 Felicity St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Angola
    County
    Steuben
    State
    Indiana
    Longitude
    -84.99946
    Latitude
    41.62788

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile building, high potential.
    Where is this commercial real estate located?
    The property is located at 107 Felicity St Angola, IN.
    What is the asking price?
    The asking price for this property is $310,000.
    (260) 665-2515
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    107 Felicity St Angola, IN 46703
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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
    107 Felicity St Angola, IN 46703
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