300 Washington St Rensselaer, IN 47978
- Auto shops
- 4,355 SF
- 0.30 lot acres
Current Use by Public Records
- Auto shops
Property Details for 300 Washington St
- Year built
- 2002
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.30 lot acres
- Property size
- 4,355 SF
- Zone code
- BUFF
- Property type
- Auto shops
- APN
- 37-07-30-000-001.047-027
- APU
- 370730000001047027
Description
This exceptional 0.54-acre property at 300 W Washington Street, Rensselaer, Indiana, presents a unique investment opportunity in the heart of downtown, directly on US 231. The well-established automotive garage boasts high visibility and easy accessibility, making it an ideal location for continued automotive use or creative repurposing. The building features five service bays equipped with four lifts: three 10,000-pound lifts and one 14,000-pound drive-on lift, all new in 2021. Customer comfort is prioritized with a welcoming reception area, a comfortable waiting lounge, and clean restroom facilities. A dedicated office space and meeting room provide ample room for administrative tasks and client consultations. Ample parking is available for both customers and staff. The property's prime location and versatile design offer significant potential for growth and success within the automotive industry or for alternative uses, such as a restaurant or other commercial enterprise. The asking price is $649,000. Possible lease or seller financing options may be available to qualified buyers
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
- Rensselaer
- County
- Jasper
- State
- Indiana
- Longitude
- -87.1533
- Latitude
- 40.935
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
