602 S Jefferson St, Huntington, IN 46750
For Sale
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This exceptional commercial property, located at 602 S Jefferson Street in Huntington, Indiana, presents a unique investment opportunity. Situated on a 0.23-acre lot, the building offers significant potential for a variety of uses. Currently housing a U-Haul rental business generating approximately $15,000 in annual gross revenue, this established income stream can be transferred to the new owner. The property also features lifts suitable for an auto repair shop, providing an additional revenue stream or the possibility of expanding the existing business. The building's versatile layout and existing infrastructure make it an ideal choice for entrepreneurs seeking a ready-made business with established income or those looking to develop a new venture in a prime Huntington location. The asking price for this property is $595,000. The square footage of the building is not currently available. This is a rare opportunity to acquire a property with both established income and significant expansion potential in a thriving community. Serious inquiries are encouraged to explore this promising investment. The transfer of the U-Haul business is contingent upon a successful sale and mutually agreeable terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.