5095 E Us Highway 50, Butlerville, IN 47223
- Warehouses
- 1,500 SF
- 1.25 lot acres
Current Use by Public Records
- Warehouses
Property Details for 5095 E Us Highway 50
- Year built
- 1995
- Construction
- WOOD
- Lot size
- 1.25 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 40-08-22-300-027.000-002
- APU
- 400822300027000002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 4, 2023 | — | Dustin Copley | Layman Properties LLC | Warranty Deed | $175k · Wolfe Financial INC |
| May 4, 2023 | $178,000 | Dustin Copley | Layman Properties LLC | Warranty Deed | $175k · Wolfe Financial INC |
| Oct 26, 2021 | — | Layman Properties LLC | Michael E Walters | Warranty Deed | $95k · Goldsmith Matin |
Description
This exceptional investment opportunity is situated on 1.25 acres of land along the heavily trafficked US Highway 50, just east of North Vernon in Butlerville, Indiana. The property boasts thirteen storage units, totaling approximately 1500 square feet, providing a consistent income stream. In addition to the storage units, the property includes a partially remodeled apartment. This apartment offers approximately 960 square feet of living space and is configured as a four-bedroom, one-bathroom unit. Significant updates have already been completed on the apartment, presenting a strong foundation for a rental property or personal residence. The property is being sold "as-is" at closing. This presents a unique chance to acquire a multi-faceted investment property in a prime location with high visibility and significant potential for return. The combination of income-generating storage units and a spacious apartment makes this an attractive opportunity for investors seeking diverse revenue streams. The substantial lot size offers potential for future expansion or development. This is a turnkey investment ready for immediate income generation and further enhancement. Don't miss this chance to own a piece of prime commercial real estate in a thriving area.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Butlerville
- County
- Jennings
- State
- Indiana
- Longitude
- -85.5176
- Latitude
- 39.0321
- CBSA code
- 35860
- CBSA name
- NORTH VERNON, IN MICROPOLITAN STATISTICAL AREA
