179 Miami St Peru, IN 46970
- Manufacturing properties
- 6,240 SF
- 0.35 lot acres
Current Use by Public Records
- Modern Graphics / Custom Label Printer / Digital Printing Service
- Marketing.com / Commercial Printer / Marketing Consultant
Property Details for 179 Miami St
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 0.35 lot acres
- Property size
- 6,240 SF
- Property type
- Manufacturing properties
- APN
- 52-08-27-304-036.000-016
- APU
- 520827304036000016
Description
This exceptional investment opportunity presents a 0.68-acre commercial property located at 179 N Miami Street in Peru, Indiana, listed at $500,000. The property consists of commercial buildings currently leased, offering immediate cash flow for the investor. The previous owner operated a printing business on the site, which has since been sold, and the real estate is now available for purchase separately. The buildings are well-maintained and in excellent condition, presenting a solid foundation for continued rental income. There is significant potential for expansion, allowing for future growth and increased profitability. The ample space provides flexibility for a variety of commercial uses, making this a versatile investment. This property is ideal for investors seeking a stable, income-generating asset with significant upside potential in a desirable location. The strong existing lease provides immediate return on investment, while the potential for expansion offers long-term growth opportunities. Financial details and a property tour can be arranged upon request. This is a rare opportunity to acquire a well-established commercial property in a thriving market. Don't miss out on this chance to secure a valuable addition to your investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peru
- County
- Miami
- State
- Indiana
- Longitude
- -86.0727
- Latitude
- 40.7565
- CBSA code
- 37940
- CBSA name
- PERU, IN MICROPOLITAN STATISTICAL AREA
