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Development Opportunity!Assemblage of 3 parcels for potential commercial development. Located on highly trafficked corner of Mt. Comfort/Olio&Pendleton Pike(SR 67)-a major route for travelers south from the Geist area to I70. Property generates income if purchased for speculation. Currently, the 2 houses generate $1,700/mo. The commercial building is currently being donated to a local food pantry but could also provide monthly income. Leases are month to month allowing for maximum flexibility. Includes 2 rental houses, a storage building, and commercial building currently housing a food pantry. Seller would consider ground lease. Tax parcel numbers: 300125200009000018, 300125200002001018, 300125201001000018. Potential NOI is around $30,000.

Bedrooms: 0 Property Type: Commercial
Bathrooms: 0 Year Built:
Square Feet: 0 MLS #; 21593703
Lot Size: 0.78 acres Price: $399,000.00

Listing Map

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Listing provided courtesy of CPR Indy, LLC.

Information Deemed Reliable But Not Guaranteed. © 2019 Metropolitan Indianapolis Board of REALTORS®.