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    OFF-MARKET
    Commercial real estate

    307 North St, Kendallville, IN 46755

    0.62 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, situated on a highly visible .62-acre lot on US 6 in Kendallville, Indiana, presents a unique investment opportunity. The building, a distinctive A-frame structure, currently functions as a worship center and boasts a spacious sanctuary measuring an impressive 40x64 feet. The sanctuary features full pew seating, easily accommodating large congregations, and includes a striking lighted baptismal pool directly behind the pulpit. The main level also offers a welcoming foyer, a private office, two restrooms, and a designated parents' room. A full, finished basement provides additional versatile space, including a kitchen, a sizable dining area, a game room, a classroom, ample storage rooms, and two more bathrooms. The property benefits from a large paved parking lot, ensuring convenient access for attendees or clients. Recently updated with a brand-new steel roof, this property offers significant durability and low maintenance. Its C2 zoning designation opens up a range of potential uses beyond its current configuration. The combination of prime location, substantial square footage, and versatile layout makes this an attractive prospect for a variety of commercial ventures. The property's unique architectural design and ample parking further enhance its appeal. This is a rare opportunity to acquire a well-maintained, strategically located commercial building with significant potential for future growth and development.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1960
    Lot 0.62 ac (27,007 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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