Automotive Shop with Retail
1136 N Mckinley Ave, Rensselaer, IN 47978
For Sale
$119,900
Pending
A US 231 property combines heated service space, an adjoining shop, and a billboard that generates supplemental income.
Property Size1,904 SF
Days on Market15
Property Features for 1136 N Mckinley Ave
General Information
Standard status
Size
Site & Location
Highway Access
Road Access
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Listing Agency:
Jenkins Real Estate, Inc.
(219) 866-5908
Listed By:
JoAnn McElfresh · License #81281291
(219) 863-4268
Source:
Exprealty
Added: Oct 23
Changed: Nov 4
Last Checked: Nov 6 at 10:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jenkins Real Estate, Inc.
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Investment Insights
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The property brings together a heated automotive garage and a separate retail shop. The 1,400-square-foot garage has two overhead doors, office space, and a bathroom; the adjoining 504-square-foot shop also has a bathroom. A billboard on the property provides additional income.
Work completed since 2024 includes a new roof, gutters and downspouts, two front windows, a water heater, and plumbing fixtures and lines in both units. The garage received furnace-component repairs, while the side shop had flooring, lighting, and paint work completed. The property is located on US 231.
Work completed since 2024 includes a new roof, gutters and downspouts, two front windows, a water heater, and plumbing fixtures and lines in both units. The garage received furnace-component repairs, while the side shop had flooring, lighting, and paint work completed. The property is located on US 231.
Key Highlights
- Heated 1,400 sf automotive garage with 2 overhead doors, office space, and a bathroom
- Adjoining 504 sf retail shop with a bathroom
- Billboard provides supplemental income
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 47978, IN
10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Rule Auto Care — 105 E Washington St, Rensselaer, IN 47978
- Greg Schneider Electric Motor Company — 615 N McKinley Ave, Rensselaer, IN 47978
- D-1 towing and recovery — 146 W Vine St, Rensselaer, IN 47978
- Auto Works — 919 N McKinley Ave, Rensselaer, IN 47978
- Anderson's Service — 344 E Merritt St, Rensselaer, IN 47978
Frequently Asked Questions
What type of property is this?
Auto shop - A US 231 property combines heated service space, an adjoining shop, and a billboard that generates supplemental income.
Where is this auto shop located?
The property is located at 1136 N Mckinley Ave Rensselaer, IN.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Heated 1,400 sf automotive garage with 2 overhead doors, office space, and a bathroom; Adjoining 504 sf retail shop with a bathroom; Billboard provides supplemental income
