118-122 Detroit St Lagrange LaGrange, IN 46761
- Office Properties & Spaces
- 12,804 SF
- 0.13 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 118-122 Detroit St Lagrange
- Year built
- 1890
- Lot size
- 0.13 lot acres
- Property size
- 12,804 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 12,804 square foot office building, located at 118-122 N. Detroit St. in LaGrange, Indiana, presents a compelling investment opportunity. Built in 1890, this two-story, traditional office building sits on a 0.13-acre lot (APN: 44-07-19-300-001.049-002) and is currently vacant, offering significant value-add potential. The property is zoned B-4, allowing for mixed-use possibilities, including the potential conversion of upper-level space into apartments. The existing commercial space is well-maintained and in good condition, and includes additional storage. The asking price is $699,000, translating to $54.59 per square foot. While currently vacant, the property offers a strong foundation for a variety of commercial uses. Its prime downtown location and historic character make it an attractive proposition for investors seeking a unique and potentially high-return investment. The building's solid structure and ample space provide a blank canvas for creative redevelopment. This is a rare opportunity to acquire a substantial commercial property in a desirable Indiana location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- LaGrange
- County
- LaGrange
- State
- Indiana
- Longitude
- -85.418
- Latitude
- 41.6446
