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Flexible Office Building
For Sale
$950,000

1015 Michigan Ave, Logansport, IN 46974

The property has PR - Professional Residential zoning and multiple distinct interior areas for separate operations.

Property Size30,000 SF
Price / SF$29.31
Days on Market45

Property Features for 1015 Michigan Ave

General Information

Standard status Active
Size 30,000 SF

Additional Details

Sprinkler System Yes

Amenities

private restrooms and showers
breakrooms

Building Details

Year Built 1979
Buildings 1
Building Size 30,000 SF
Listing Agency: The Wyman Group
Listed By: Paul Wyman · License #RB14023441
Source: Spencerchildersgroup
Added: Aug 10 Changed: Sep 8 Last Checked: Sep 22 at 11:26PM

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 The Wyman Group

Investment Insights

Based on property information with market context.

Built in 1979, this office building was previously used as a medical facility and offers a varied interior arrangement with numerous private offices. Several rooms have their own restrooms and showers, while two breakrooms support day-to-day operations. A full-building sprinkler system is also in place.

The layout includes multiple defined areas that can accommodate separate business operations or tenant configurations. The property includes on-site parking and is located at 1015 Michigan Ave in Logansport, Indiana. Zoning is designated PR - Professional Residential.

Key Highlights

  • Former medical facility with numerous private offices
  • Several rooms include private restrooms and showers
  • Two breakrooms support occupant use

Property Analytics

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Current Use

Four County Crisis Center Crystal Ridenour Association Or Organization Spencer Heather B Counselor George John W Foster Care Service Yarling John L ... Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Accounting Firm Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby

Demographics for 46974, IN

1,620
Population
726
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
81%
High-School Grad
41.8 sq mi
ZIP Area
39
Density / Sq Mi
$57,857
Median Household Income
$37,429
Median Earnings
$821
Median Rent
$182,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - The property has PR - Professional Residential zoning and multiple distinct interior areas for separate operations.
Where is this office building located?
The property is located at 1015 Michigan Ave Logansport, IN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Former medical facility with numerous private offices; Several rooms include private restrooms and showers; Two breakrooms support occupant use
More about this property
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