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Office Condo Portfolio
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1324 S Grandstaff Dr, Auburn, IN 46706

Office condominium ownership includes occupied suites and control of the property association.

Property SizeContact for details
Days on Market142

Property Features for 1324 S Grandstaff Dr

General Information

Standard status Active
Property subtype Office
Listing Agency: Sturges Property Group
Listed By: Neal Bowman · License #IN RB14026402
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:03PM

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 Sturges Property Group

Investment Insights

Based on property information with market context.

This office condominium portfolio encompasses 25,124 square feet in a building completed for occupancy in 1998. The offering includes 11 condo units, with 90% occupancy across five tenants. The property is part of an association totaling 12 units, and ownership of the portfolio provides majority control within that association.

Auburn Professional Village is located on the west side of Auburn, one mile from Exit 329 on I-69. Surrounding large employers include MetalX, Metal Technologies, Shiloh Industries, Scot Industries, and Graphic Packaging International. The configuration combines multiple office units within one established commercial property.

Key Highlights

  • 25,124 SF office building completed for occupancy in 1998
  • Portfolio includes 11 condo units with 90% occupancy
  • Five tenants occupy the portfolio's office units

Property Analytics

Current Use

Mc Laughlin Melissa ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 46706, IN

19,995
Population
8,336
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
95%
High-School Grad
87.9 sq mi
ZIP Area
227
Density / Sq Mi
$76,288
Median Household Income
$43,617
Median Earnings
$829
Median Rent
$194,900
Median Home Value

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 units - Office condominium ownership includes occupied suites and control of the property association.
Where is this office units located?
The property is located at 1324 S Grandstaff Dr Auburn, IN.
What are key features of this property?
This property features: 25,124 SF office building completed for occupancy in 1998; Portfolio includes 11 condo units with 90% occupancy; Five tenants occupy the portfolio's office units
(260) 424-8448 Call to check price and availability
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