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Property profile & analytics
OFF-MARKET Estimated value $935,000
Office Spaces

1401 Kings Hwy Winona Lake, IN 46590-1520

15,424 SF 2.91 ac lot Built 1972
Entity Owned 20-yr Hold Free & Clear
Property ID
US31-1474082
Property summary
AI-generated overview

This exceptional single-tenant office property offers 4,891 square feet of meticulously maintained Class A office space in the desirable Winona Lake area. The building boasts ample on-site parking, catering to the needs of employees and clients alike. The interior layout includes multiple private offices, perfectly suited for a variety of business configurations, and a welcoming reception area designed to create a professional first impression. An added benefit is the inclusion of a 975 square foot warehouse space, providing valuable extra storage or workspace. The main entry is shared with the Grace Brethren Investment Foundation, adding to the prestige of the location. This property is ideal for businesses seeking a well-appointed, functional, and conveniently located office space with the added advantage of extra warehouse storage. The single-story building offers easy accessibility and efficient workflow. The property's location in Winona Lake provides a desirable and attractive address for any business. This is a rare opportunity to secure a high-quality, well-maintained office space in a sought-after location. The combination of office and warehouse space makes this property exceptionally versatile and adaptable to a wide range of business needs. Don't miss this chance to establish your business in this prime Winona Lake location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1972
Construction TYPE NOT SPECIFIED
Total area 15,424 SF
Lot 2.91 ac (126,760 SF)
Zoning code COMME
APN 43-11-15-300-509.000-033
UPID US31-1474082
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • User Friendly Consulting, Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Grace Financial Church
  • Hurd Family Foundation Inc Association Or Organization
  • Christians for Christ Ministries Association / Organization
  • Grace Brethren Missionary Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$902k
Blend (final) Blend
$935k
Owner & transaction history
Grace Brethren Investment Foundatio · 20 yrs held
Grace Brethren Investment Foundatio
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
COMME · Winona Lake, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $975,000 +12.3%
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