548 Lincoln StKendallville, IN 46755

  • Other commercial real estate
  • 6,943 SF
For Sale
$319,500 View listing

Property Details for 548 Lincoln St

Year built
1969
Construction
TYPE NOT SPECIFIED
Lot size
0.53 AC
Property size (Sq ft)
6,943 SF
Property type
Other commercial real estate
APN
57-07-33-330-068.000-020
APU
570733330068000020

Description

This exceptional Kendallville commercial property presents a fantastic investment opportunity. Located at 548 S Lincoln Street, this 0.53-acre lot boasts a substantial building offering a versatile blend of office and shop space. The main building comprises 1552 square feet of remodeled office space, complete with two restrooms and a convenient kitchenette/snack bar area. This area is ideal for administrative functions or client interaction. The true strength of this property lies in its expansive shop area, totaling over 5200 square feet of heated space. This sizable area features several large overhead doors, each measuring over 12 feet in height, facilitating easy access for large equipment and vehicles. The shop floor is constructed of durable concrete with integrated drains, ensuring efficient maintenance and cleanliness. Significant upgrades have been implemented, including electrical system enhancements. Ample parking is available, with convenient street-front parking for customers and a large rear area perfect for loading and unloading. A hoist is included and remains with the property. This property is well-suited for a variety of commercial uses, offering a unique combination of office and shop space in a prime Kendallville location. The combination of updated office space and a large, well-equipped shop area makes this a truly exceptional opportunity. The property's size, location, and features make it an ideal choice for businesses seeking a functional and versatile space. The asking price is $319,500.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,494,692
    Hospitality
    $1,369,130
    Educational
    $1,139,100
    Medical
    $1,178,275
    Retail
    $1,771,933
548 Lincoln St, Kendallville, Indiana
Leaflet | © OpenStreetMap contributors

Location Insight

City
Kendallville
County
Noble
State
Indiana
Latitude
41.4379
Longitude
-85.2676
CBSA code
28340
CBSA name
KENDALLVILLE, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,873
$31,000
$81,600
$112,600
-
$31,000
$81,600
$112,600

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.