Property summary
This exceptional 3,520-square-foot storefront property, located at 124 McKinley Street in Angola, Indiana, presents a compelling investment opportunity. Priced at $389,500 ($110.65/sq ft), this C-1 zoned building sits on a 0.2-acre lot in a rapidly developing section of Angola, adjacent to a newly constructed 90-unit apartment complex and conveniently near Trine University. Currently utilized as retail and service space, the property offers flexibility. A portion of the building (1,920 square feet) is currently leased at $1,100 per month, providing immediate income potential. The remaining space offers the opportunity to lease out additional square footage or utilize the entire building for a single tenant. This prime location and versatile space make it ideal for a variety of retail or service businesses seeking a strong presence in a thriving community. The property's strategic positioning near residential and educational institutions ensures high visibility and accessibility. Don't miss this chance to acquire a valuable asset in a dynamic market. Contact us today for more information and to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Current use
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Interior Design Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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