5348 Central Avenue Portage, IN $ 179,999
5348 Central Avenue
$ 179,999
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5348 Central Avenue

Portage, IN, 46368
$ 179,999
Baths0.0 Sq 1,875

Monthly Estimate*

$ 1,257

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Studio

Commercial Property for sale in Portage, IN

for $179,999. This 1,875 square foot building was built in 1937 on a lot size of 1.5.

4 offices plus a Basement * Occupy and Collect Rents or just Collect Rents * Unit 1 8x13 $400 a month plus 10% of Utilities, under a 1 year lease * Unit 2 19x13 $700 a month plus 10% of Utilities, Vacant * Unit 3 14x7 $350 a month plus 10% of utilities, one year lease * Unit 4 10x20 $700 a month, under a year lease * Full Basement could be rented for storage * Mail Address Service and Outside storage rental $300 a month under year leases * 1/2 Bath * Wifi is included in rents * Back lot has potential for more outside storage, Mail Address Service can be increased * Common Space with desk chair and computer * Energy Efficient Trane Furnace * Billboard 8x6 * Sound Proof Insulation in walls between offices * Security Cameras * Front entrance parking lot being repaired, Side door entryway being repaired *

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Commercial Active

Price

$ 179,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,598

Style

Office

Lot Size

1.5

Year Built

1937

Town/City

Portage

County/Region

Porter

MLS | Web ID

801894

Features
General
Sewer Public Sewer
Heating Central
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Microwave
Exterior Features Private Yard Storage
Security Features Carbon Monoxide Detector(s) Closed Circuit Camera(s) Security Lights Smoke Detector(s)
Year Built 1937
Electric 100 Amp Service
View None
Township Portage
Property SubType Office
Tax Year 2022
County Porter
Property Type Commercial Sale
Building Features Multi Tenant Out Lot
Status Active
Directions West on Central from Willowdale or East from Dombey to 5348
High School Portage High School
City Portage
Zoning Description Commercial
Lot Size Square Feet 65340
Street Name Central
Property Attached Y/N Y
Tax Annual Amount 3598
Middle/Junior High School Willowcreek Middle School
Trash Expense 140
Standard Status Active
Taxes 3598
Legal Description PAR IN E81.68 W1077.73 N796.39 N CEN AVE W1/2 NE 15-36-7 1.50AC
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Exterior
Fencing None
Parking Features Additional Parking RV Access/Parking Storage
Lot Features Back Yard Front Yard Rectangular Lot
Water Source Public
Total Parking 12
Lot Dimensions 82x794
Lot Size Acres 1.5
Frontage Length 82
Lot Size Source Assessor
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Interior
Street Suffix Avenue
Laundry Features None
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* Excluded Features
List By
C. Allen Watkins

Listing Agent

Mccolly Real Estate

Broker

allenwatkins@mccolly.com

Email

Affordability Calculator

$1,557
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,257
Monthly Property Taxes
$300
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
4031557 Elementary School
4623245 Middle School
Portage High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$179,999 -5.26% Price Down
4/9/2024$190,000 Listed Price

Map


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5348 Central Avenue, Portage, IN, 46368 is a Commercial Property for sale at $179,999 with 1,875 sqft and a lot size of 1.5. 5348 Central Avenue is a studio with 0.0 baths and was built in 1937. The property's zip code is 46368 which is in Portage, IN