320 LincolnwayOsceola, IN 46561

This exceptional 4,928 square foot office building, situated on a 1.93-acre lot in Osceola, Indiana, presents a compelling investment opportunity. Built in 1973, the property boasts a desirable location at the high-traffic, signalized intersection of Lincolnway East and County Line Road, ensuring excellent visibility and accessibility. The building is zoned C-Commercial (County) and is currently configured as a traditional office space, also suitable for medical office use. Adding to its versatility, the property includes an additional 3,200 square feet of finished basement space, offering significant potential for expansion or adaptation. The property's size, location, and zoning make it suitable for potential retail redevelopment. However, any sale will include a deed restriction prohibiting the future development of a gas station, convenience store, or similar operation. This restriction ensures the long-term viability and desirability of the surrounding area. The property is offered at an asking price of $600,000 and is leased under a NNN (Net, Net, Net) agreement. This presents a unique opportunity to acquire a well-located, versatile commercial property with significant upside potential in a growing market. The property's strategic location and flexible zoning make it an ideal investment for both established businesses and forward-thinking developers.