Description
A profitable investment with long-term, valued tenants. This 4-unit commercial property has been in the family for decades. Consistently occupied with financially responsible tenants who have helped improve their respective units and maintain the property. The Seller couldnt have asked for better tenants. This property, built in 1968, was one of the original commercial strip centers in Mooresville. Once occupied by a Laundromat (still possible to accommodate a Laundromat) and now a church, office and restaurant. With most leases having annual escalations, this property is a passive income dream come true. Lease rights apply.
-
0BEDS
-
0.82ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
A profitable investment with long-term, valued tenants. This 4-unit commercial property has been in the family for decades. Consistently occupied with financially responsible tenants who have helped improve their respective units and maintain the property. The Seller couldnt have asked for better tenants. This property, built in 1968, was one of the original commercial strip centers in Mooresville. Once occupied by a Laundromat (still possible to accommodate a Laundromat) and now a church, office and restaurant. With most leases having annual escalations, this property is a passive income dream come true. Lease rights apply.
© 2023 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.
Based on information submitted to the MLS GRID as of 2023-03-20T21:24:43.707. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice