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Property profile & analytics
OFF-MARKET
Office Spaces

610 Jefferson Ave La Porte, IN 46350-3347

826 SF 0.02 ac lot Built 1970
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-3442461
Property summary
AI-generated overview

This single-story, 826-square-foot traditional office building in La Porte, Indiana, presents a compelling owner-user investment opportunity. Located at 610 Jefferson Avenue, this property boasts a convenient downtown location and features two professional offices, complemented by a spacious reception area. The building, constructed in 1970, sits on a 990-square-foot lot and is zoned for commercial use. Significant interior updates have been completed within the last three years, enhancing its functionality and appeal. Furthermore, the roof and air conditioning system are only three years old, minimizing immediate maintenance concerns. The asking price is $160,500, translating to $194.31 per square foot. The property is available for occupancy on August 31, 2024. This turnkey office space offers the potential for owner-occupancy, with the possibility of generating rental income from the additional office. The property's APN is 46-06-35-443-005.000-043. This is a rare opportunity to acquire a well-maintained, updated commercial property in a desirable location. The property's excellent condition and potential for dual use make it an attractive investment for both business owners and investors seeking a strong return.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1970
Construction WOOD
Total area 826 SF
Lot 0.02 ac (990 SF)
APN 46-06-35-443-005.000-043
UPID US31-3442461
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ethos Insurance & Risk Management Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
Double J Of Michiana LLC · 1 yrs held
Double J Of Michiana LLC
since 2024
4 recorded transactions
2024
Price N/A
2022
Price N/A
2021
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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