Current Use by Public Records
- Mixed-use properties
Property Details for 113-125 Laporte St
- Year built
- 1954
- Lot size
- 0.26 lot acres
- Property type
- Mixed-use properties
- Property subtype
- Industrial properties
Description
This exceptional mixed-use property, located at 113-125 E Laporte St in Plymouth, Indiana (46563), presents a compelling investment opportunity. The 10,633 square foot building, constructed in 1954, sits on a 0.26-acre lot (126 x 88 feet) and boasts 8701 square feet of finished office space, complemented by a sizable warehouse area. The single-story structure features an 8-foot ceiling height and a wood joist-brick construction. Currently generating $3900 in gross monthly rent with $1150 in gross monthly expenses, this property offers a strong cash flow potential. The building includes eight restrooms and features central air conditioning and forced-air gas heating. The property benefits from city water, sewer, and fire protection, along with convenient street parking. Its prime location across from River Park Square in the heart of Plymouth, facing both E. LaPorte Street and Water Street, ensures high visibility and accessibility. The property is situated in an enterprise zone and includes 220-volt single-phase power. The sale includes both the building and the land. This well-maintained property, owned by the same family for many years, offers a rare chance to acquire a stable, income-producing asset in a desirable location. The asking price is $665,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Marshall
- State
- Indiana
- Longitude
- -86.3082
- Latitude
- 41.3402
