600 Roosevelt Rd Walkerton, IN 46574

Property Details for 600 Roosevelt Rd

Year built

1920

Construction

WOOD

Lot size

0.08 lot acres

Property size

4,976 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

71-16-24-310-001.000-015

APU

711624310001000015

Description

This exceptional commercial property, located at 600 Roosevelt Road in the heart of Walkerton, Indiana, presents a unique investment opportunity. The main building houses a well-established cafe, complete with the majority of its fixtures, creating a turnkey business opportunity for a new owner. The charming interior of the cafe is ready for immediate operation. Adding to the property's value are three apartments situated above the cafe. Two of these apartments are currently rented, boasting a strong rental history, providing a consistent stream of passive income. The third apartment is currently undergoing renovations, presenting an opportunity to increase rental income upon completion. The property sits on a 0.08-acre lot, offering a prime downtown location with high visibility and foot traffic. This is an ideal investment for an entrepreneur seeking a profitable business venture combined with a reliable rental income stream. The asking price for this combined commercial and residential property is $259,000. The established cafe and the strong rental history of the apartments make this a compelling investment opportunity in a desirable downtown location. Serious inquiries are encouraged to explore this promising venture further. The property's size is not specified in the provided information.

Location Insight

City

Walkerton

County

St. Joseph

State

Indiana

Longitude

-86.4834

Latitude

41.4665

CBSA code

43780

CBSA name

SOUTH BEND-MISHAWAKA, IN-MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments