200 N State Highway 3 North Vernon, IN $ 299,900
200 N State Highway 3
$ 299,900
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200 N State Highway 3

North Vernon, IN, 47265
$ 299,900
Baths0.0 Sq 6,440

Monthly Estimate*

$ 2,095

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Studio

Commercial Property for sale in North Vernon, IN

for $299,900. This 6,440 square foot building was built in 1967 on a lot size of 1.

Business Sale and Building Lease...Business Highlights: J & L Sporting Goods LLC is a cornerstone in the local community, offering an extensive selection of high-tech hunting, fishing, bait, and tackle products. Known for its robust sales and customer loyalty. Established Presence: A well-known and respected name in the hunting and fishing retail industry with a loyal customer base. Strong Financials: Demonstrated success with annual sales exceeding $600,000.00, underpinned by a significant inventory worth over $200,000.00 and state-of-the-art technology and equipment valued at over $100,000.00. Turnkey Operation: The sale includes all inventory, technology, and equipment necessary to continue operations seamlessly from day one. Owner Support: Benefit from three weeks of hands-on training provided by the current owner, ensuring a smooth transition and continued success. Financial Overview: The asking price for J & L Sporting Goods LLC is set at $299,900.00. This investment offers a rare opportunity to own a profitable and reputable high-tech hunting and fishing store. The price reflects not just the tangible assets of the business, including inventory and equipment, but also its strong brand reputation, loyal customer base, and established supplier relationships. Operational Insights: Operating J & L Sporting Goods LLC offers the chance to be at the forefront of the outdoor sports industry. With a well-established supply chain and a comprehensive range of products, the business caters to both seasoned hunters and anglers as well as novices. The store is renowned for its high-quality goods, knowledgeable staff, and excellent customer service. With a robust online presence and potential for e-commerce expansion, J & L Sporting Goods LLC is well positioned for future growth.

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Commercial Active

Price

$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,656

Style

Business

Lot Size

1

Year Built

1967

Town/City

North Vernon

County/Region

Jennings

MLS | Web ID

21970408

Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Possession Subject To Tenants Rights
Zoning Commercial - Industrial
Year Built 1967
Township Vernon
Levels One
Property SubType Business
Tax Year 2023
Current Use Retail
Building Name J & L Sporting Goods
County Jennings
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Jennings County High School
City North Vernon
Buyer Agent Compensation 3.0
High School District Jennings County School Corporation
MLS Area 4007 - Jennings - Vernon
Lot Size Square Feet 43560
Street Name State Highway 3
Elementary School North Vernon Elementary School
Middle/Junior High School Jennings County Middle School
Days on Market 4
Standard Status Active
Tax Lot 160
Buyer Agent Compensation Type %
Legal Description Pt Seq 3-6-8 .713 -(Including Pt Lots 160 184 185 Vac Water St)
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Exterior
Parking Features Common
Building Area Total 6440
Lot Size Acres 1
Road Surface Type Asphalt
Road Frontage Type Highway
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Interior
Basement (Y/N) N
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* Excluded Features
List By
Coldwell Banker Martin Miller

Broker

markhuelson@gmail.com

Email

Affordability Calculator

$2,233
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,095
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4046478 Elementary School
4046470 Middle School
Jennings County High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$299,900 Listed Price

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200 N State Highway 3, North Vernon, IN, 47265 is a Commercial Property for sale at $299,900 with 6,440 sqft and a lot size of 1. 200 N State Highway 3 is a studio with 0.0 baths and was built in 1967. The property's zip code is 47265 which is in North Vernon, IN