118 Maumee St Angola, IN 46703

Property Details for 118 Maumee St

Year built

1900

Lot size

0.88 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located at 118 W Maumee Street in Angola, Indiana, presents a unique investment opportunity. The main floor offers ample space, ideal for a variety of businesses, featuring six individual offices, a dedicated conference room perfect for meetings and presentations, a convenient break room for staff, and separate restrooms for men and women. The layout is flexible and adaptable to suit diverse business needs. Upstairs, the property boasts three apartments, two of which are virtually move-in ready, providing immediate rental income potential. The third apartment requires some remodeling, offering a chance to increase the property's value and rental income further. The presence of a dry basement adds significant storage capacity, valuable for any commercial operation. The property sits on a sizable 0.88-acre lot, providing ample outdoor space and potential for future expansion or development. The asking price for this versatile commercial building is $350,000. This property is well-suited for a variety of uses, from professional offices to a mixed-use development, offering a strong return on investment. The combination of commercial space and rental apartments makes this a truly unique and attractive opportunity in the thriving Angola market. The existing infrastructure and layout provide a solid foundation for immediate occupancy and potential for long-term growth. Serious inquiries are encouraged to explore this exceptional property further.

Location Insight

City

Angola

County

Steuben

State

Indiana

Longitude

-85.0003

Latitude

41.6352