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1013 West Votaw St Portland, IN 47371

For Sale
$1,706,960

Single-story retail building with national and local tenants.

Property size:
14,656 SF

Property Features for 1013 West Votaw St

General Information

Size
14,656 SF

Building Details

Year built
2006

Source: Brian Bean Agent Brian Bean

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Building Near Walmart

Portland Commons is a single-story retail building with 14,656 square feet of retail space. Located in Portland, Indiana, approximately 45 miles southeast of Fort Wayne, the property is situated on the south side of West Votaw Street, west of Meridian Street, across from Walmart. The property is 100% leased, generating over $128,000 in net operating income with in-place cash flow. Over 67% of the leases have three or more years remaining. The tenant mix includes a blend of national and local retailers. The property benefits from direct ingress and egress on State Road 67 and provides 60 parking spaces, resulting in a ratio of 4.28 spaces per 1,000 square feet.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Portland
County
Jay
State
Indiana
Longitude
-84.991797
Latitude
40.43859

FAQs

What type of property is this?
Shopping center - Single-story retail building with national and local tenants.
Where is this shopping center located?
The property is located at 1013 West Votaw St Portland, IN.
What is the asking price?
The asking price for this property is $1,706,960.
What are key features of this property?
This property features: - 100% Leased – over $128K+ NOI with in-place cash flow; - Prime Location – Across from Walmart; - Over 67% of leases have 3+ years remaining
More about this property
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