2346 Highway 64 Ramsey, IN 47166
- Auto shops
- 1,500 SF
- 3.00 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2346 Highway 64
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 3.00 lot acres
- Property size
- 1,500 SF
- Property type
- Auto shops
- APN
- 31-05-22-200-012.000-017
- APU
- 310522200012000017
Description
This exceptional 3-acre industrial property at 2346 Highway 64 NW in Ramsey, Indiana, presents a remarkable opportunity for commercial ventures. Currently operating as Scott Auto Sales, the property includes a main office building (24' x 40') featuring a foyer, two offices, storage space, a full kitchen, and a half bathroom. The building boasts superior insulation (4.5" Styrofoam under flooring, R40 in walls and attic), ensuring energy efficiency. The sale includes most existing inventory. A profitable 3-bay car wash generates approximately $500 in monthly net income, equipped with updated pumps, an on-demand water heater, an air compressor, a backflow system, and a change machine. A spacious garage/workshop is also included, fully equipped (excluding the tire changer and golf carts), and features two bathrooms. Two separate septic systems serve the property. The property benefits from a recently filled, owned LP gas tank and all buildings have new roofs. Additional acreage at the rear, bordering a cornfield, offers potential for expansion (zoning variance required). This location is ideally suited for an auto body shop or continued car sales, offering significant potential for growth and diverse income streams. The asking price is $255,000.
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
- Ramsey
- County
- Harrison
- State
- Indiana
- Longitude
- -86.1679
- Latitude
- 38.3266
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
