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Property profile & analytics
OFF-MARKET
Office Spaces

2708 45Th St Highland, IN 46322

2,414 SF 0.45 ac lot Built 1957
Property ID
Property summary
AI-generated overview

This exceptional 2,414 square foot office building, located at 2708 W 45th St in Highland, Indiana, presents a unique investment opportunity. Recently renovated in 2024, this former brick home has been thoughtfully converted into a functional and attractive office space. The property boasts two floors, each approximately 1207 square feet, offering flexibility for various business needs. Situated on a 0.45-acre lot with excellent visibility on 45th Ave, the building benefits from high traffic counts exceeding 17,000 vehicles daily on 45th Ave and over 23,000 on nearby Kennedy Ave. The property's B-1 Neighborhood Business District zoning allows for a range of uses, making it ideal for professionals such as financial advisors, attorneys, or insurance agents. The ground floor features an open concept layout with a private office and restroom, while the upper level includes a reception area, two private offices, a restroom, and a kitchenette suitable for use as a conference room or breakroom. A separate two-car garage may be available for lease. The property's location and recent renovations offer an immediate opportunity for occupancy, while its size and zoning also present potential for future redevelopment. The asking price is $450,000, and the property's APN is 45-07-33-126-011.000-026. This is a rare opportunity to acquire a well-located, renovated office building in a thriving area.

Property profile
Verified
Property type Office Spaces
Year built 1957
Total area 2,414 SF
Lot 0.45 ac (19,602 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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