1901 3Rd StTerre Haute, IN 47804

This exceptional commercial investment opportunity in Terre Haute, Indiana, presents a rare chance to acquire three strategically located buildings on a combined 0.6-acre lot. The property, situated at 1901, 1931, and 1935 N 3rd St, in Vigo County, zip code 47804, offers a compelling mix of established tenants and strong income potential. Currently, the buildings generate a combined Net Operating Income (NOI) of $1,700 annually, representing a 0.40% cap rate. The asking price for this portfolio is $420,000. Each building is commercially zoned, providing flexibility for future uses. 1901 N 3rd St is currently leased as a used car lot for $600 per month, while 1931 N 3rd St houses a pizza shop generating $700 in monthly rent, and 1935 N 3rd St is rented for $400 per month. Annual property taxes are $2,902. This package deal offers a solid foundation for immediate income and potential for future appreciation. The properties are ideally situated in a high-traffic area of Terre Haute, providing excellent visibility and accessibility. This is an ideal investment for those seeking a diversified portfolio with established rental income and significant upside potential. Don't miss this chance to own a thriving commercial property portfolio in a growing Indiana market.