1000 Morton St Oakland City, IN 47660
- Medical offices
- 5.53 lot acres
Current Use by Public Records
- Access Medical Clinic: Oakland City / Urgent Care Center
Property Details for 1000 Morton St
- Lot size
- 5.53 lot acres
- Property type
- Medical offices
Description
This exceptional mixed-use property in Oakland City, Indiana, presents a lucrative investment opportunity. The 30,581 square foot complex sits on a 5.53-acre lot adjacent to a golf course, offering a desirable location and attractive surroundings. The property boasts 17 newly remodeled apartments (13 one-bedroom and 4 two-bedroom units), providing immediate rental income. Further enhancing the income stream are 43 new climate-controlled storage units. A lease is currently in place with an urgent care facility, ensuring stable occupancy and consistent revenue. Adding to the property's versatility is a separate 1,700+ square foot, three-bedroom house. The property also includes over 13,000 square feet of additional leasable space. Conveniently located just 1.5 miles from the Interstate 69/Indiana 64 interchange and a 25-minute drive from Evansville, this property offers excellent accessibility and strong potential for future growth. The property is classified as Class C and is listed at $2,500,000. This is a rare opportunity to acquire a well-positioned, income-producing asset with significant upside potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland City
- County
- Gibson
- State
- Indiana
- Longitude
- -87.3589025
- Latitude
- 38.3329868
