841 Lincolnway St Plymouth, IN 46563

Property Details for 841 Lincolnway St

Year built

1940

Lot size

0.39 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located at 841 E Lincolnway Street, Plymouth, Indiana, presents a unique investment opportunity. Boasting a prominent position fronting both Lincolnway East and East Jefferson Street, this building offers diverse income streams and significant potential for future growth. Currently, the commercial office space is leased under a yearly agreement, providing immediate rental income. Adding to the revenue potential is a three-bay garage situated centrally within the building, offering further leasing opportunities. An efficiency apartment, also centrally located, provides an additional income source. The substantial warehouse space located at the north end of the building presents considerable untapped potential, allowing for expansion or additional rental income generation. The property sits on a 0.39-acre lot, providing ample space and flexibility. The asking price for this multi-faceted commercial property is $529,000. This is a rare chance to acquire a well-situated, income-producing asset with significant upside potential in a thriving location. The existing tenants and leases provide immediate cash flow, while the diverse spaces offer flexibility for a variety of uses and future expansion. The strategic location on two major streets ensures high visibility and accessibility, making this an attractive investment for both seasoned investors and those seeking a strong entry point into the commercial real estate market. Don't miss this opportunity to secure a property with proven income and substantial growth potential.

Location Insight

City

Plymouth

County

Marshall

State

Indiana

Longitude

-86.2991

Latitude

41.3433