1308 Heaton St Knox, IN 46534
This 3,224 square foot auto shop, situated on a half-acre corner lot in Knox, Indiana, presents a unique investment opportunity. The property includes two buildings: a 2,456 square foot main building featuring a showroom area ready for finishing and a 36' x 46' shop space with four bays and overhead doors. Included in the sale are three lifts and some tools. A second, 24' x 32' storage building offers potential for expansion. The property boasts a high-traffic location across from a shopping center and other retail establishments, with over 12,000 vehicles passing daily. Convenient asphalt and gravel parking areas are available. The address is the corner of Heaton Street and Airway Drive, and the property features a single story on a 0.5-acre lot. Built in 1955, this property is zoned for retail, office, and special purpose uses. The asking price is $379,900. The property includes one unit and has a total of 3,224 square feet.
Cap rate
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