548 Lincoln St Kendallville, IN 46755-1620
Property summary
This exceptional Kendallville commercial property presents a fantastic investment opportunity. Located at 548 S Lincoln Street, this 0.53-acre lot boasts a substantial building offering a versatile blend of office and shop space. The main building comprises 1552 square feet of remodeled office space, complete with two restrooms and a convenient kitchenette/snack bar area. This area is ideal for administrative functions or client interaction. The true strength of this property lies in its expansive shop area, totaling over 5200 square feet of heated space. This sizable area features several large overhead doors, each measuring over 12 feet in height, facilitating easy access for large equipment and vehicles. The shop floor is constructed of durable concrete with integrated drains, ensuring efficient maintenance and cleanliness. Significant upgrades have been implemented, including electrical system enhancements. Ample parking is available, with convenient street-front parking for customers and a large rear area perfect for loading and unloading. A hoist is included and remains with the property. This property is well-suited for a variety of commercial uses, offering a unique combination of office and shop space in a prime Kendallville location. The combination of updated office space and a large, well-equipped shop area makes this a truly exceptional opportunity. The property's size, location, and features make it an ideal choice for businesses seeking a functional and versatile space. The asking price is $319,500.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
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