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    1175 Etna Ave Huntington, IN 46750

    For Sale
    $465,000

    High-Cap Rate Office Investment, 100% Occupied

    Property size:
    5,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a 5,700 square foot, Class B executive office building located at 1175 Etna Ave, Huntington, IN 46750. The property, built in 1960, sits on a 0.938-acre lot and is zoned MXD, offering significant potential. Currently boasting 100% occupancy with two tenants across four units, this single-story building provides a stable income stream. The asking price is $465,000, representing a compelling 7.50% capitalization rate and a price per square foot of $81.58. The gross lease structure simplifies management. Recent improvements include new heat exchangers in units B and D. The property features a total of 5,700 square feet across one building. Further financial details are available in a comprehensive offering memorandum. The APN is 35-05-22-200-124.900-005. This is a multi-tenant property situated in Huntington County, Indiana.

    Property Features for 1175 Etna Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,700 SF
    Class
    B
    Lot Size
    40,859 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1
    Units
    4

    HighLights

    • $465,000 asking price for a 5,700 square foot office building.
    • Located at 1175 Etna Ave, Huntington, IN 46750.
    • Class B, single‑story building built in 1960 on a 0.938‑acre lot.
    • 100% occupied with two tenants under a gross lease.
    • 7.50% cap rate with a price per square foot of $81.58.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntington
    County
    Huntington
    State
    Indiana
    Longitude
    -85.4998619
    Latitude
    40.86991

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    FAQs

    What type of property is this?
    Office Property / Space - High-Cap Rate Office Investment, 100% Occupied
    Where is this office property / space located?
    The property is located at 1175 Etna Ave Huntington, IN.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: $465,000 asking price for a 5,700 square foot office building.; Located at 1175 Etna Ave, Huntington, IN 46750.; Class B, single-story building built in 1960 on a 0.938-acre lot.
    (260) 341-0230
    Request Owner's contact information
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    Huntington, IN 46750
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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
    1175 Etna Ave Huntington, IN 46750
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