113-125 Laporte StPlymouth, IN 46563

For Sale
$665,000

Prime location, 8-unit income, warehouse.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional mixed-use property, located at 113-125 E Laporte St in Plymouth, Indiana (46563), presents a compelling investment opportunity. The 10,633 square foot building, constructed in 1954, sits on a 0.26-acre lot (126 x 88 feet) and boasts 8701 square feet of finished office space, complemented by a sizable warehouse area. The single-story structure features an 8-foot ceiling height and a wood joist-brick construction. Currently generating $3900 in gross monthly rent with $1150 in gross monthly expenses, this property offers a strong cash flow potential. The building includes eight restrooms and features central air conditioning and forced-air gas heating. The property benefits from city water, sewer, and fire protection, along with convenient street parking. Its prime location across from River Park Square in the heart of Plymouth, facing both E. LaPorte Street and Water Street, ensures high visibility and accessibility. The property is situated in an enterprise zone and includes 220-volt single-phase power. The sale includes both the building and the land. This well-maintained property, owned by the same family for many years, offers a rare chance to acquire a stable, income-producing asset in a desirable location. The asking price is $665,000.

Highlights

  • Mixed-use commercial property for sale at 113-125 E Laporte St, Plymouth, IN 46563.
  • 10,633 square foot building on a 0.26-acre lot (126 x 88 feet).
  • 8,701 square feet of finished office space and warehouse area.
  • Single-story building, 8-foot ceilings, wood joist-brick construction.
  • Currently leased, generating $3,900 in gross monthly rent and $1,150 in gross monthly expenses.

Property Details for 113-125 Laporte St

Property type
Other mixed-use properties, Other industrial properties
Year Built
1954
Buildings
1
Stories
1
Lot Size (sq. ft)
11,326 SF

Location Insight

City
Plymouth
County
Marshall
State
Indiana
Latitude
41.340206
Longitude
-86.308178
113-125 Laporte St, Plymouth, Indiana

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113-125 Laporte St
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