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    355 700 Howe, IN 46746

    Sponsored
    For Sale
    $325,000

    Versatile Commercial Space, Two Units

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property in Howe, Indiana, presents a unique investment opportunity. Situated on a 0.9-acre lot, the expansive 40' x 120' pole building is intelligently divided into two distinct units, each offering significant potential. Unit 1, a 40' x 40' space, boasts insulated walls and ceiling, ensuring year-round comfort. Two 12' x 14' overhead doors provide easy access, complemented by existing electrical service, two offices, a restroom, natural gas heat, and recently installed mini-split systems in the offices for climate control. New lighting enhances the workspace. Unit 2, a generously sized 40' x 80' area, also features insulated walls and a large 16' x 14' overhead door, along with substantial lofted storage currently utilized for storage. A convenient breakroom/kitchenette adds to the functionality. The entire building benefits from a robust 400 Amp service panel, including a 200 Amp sub-panel already installed, with provisions for an additional 200 Amp setup. Ample parking is available on-site. The property's commercial zoning allows for a wide range of business applications, making it an ideal choice for entrepreneurs and investors alike. Priced at $325,000, this property offers unparalleled versatility and significant return potential. The combination of well-appointed spaces, ample storage, and convenient location makes this a truly exceptional opportunity.

    Property Features for 355 700

    General Information

    Property type
    Other commercial real estate
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Will's Heating & Air ... Hvac Contractor

    Suggested Use

    Restaurant Spa & Massage Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store Hotel & Motel Convenience Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Howe
    County
    Lagrange
    State
    Indiana
    Longitude
    -85.419
    Latitude
    41.74439

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Space, Two Units
    Where is this commercial real estate located?
    The property is located at 355 700 Howe, IN.
    What is the asking price?
    The asking price for this property is $325,000.
    (260) 450-3345
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    355 700 Howe, IN 46746
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    Howe, IN 46746
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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
    355 700 Howe, IN 46746
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