401 15th Street Southeast, DeMotte, IN, 46310

401 15th Street Southeast DeMotte, IN 46310

401 15th Street Southeast, DeMotte, IN, 46310
401 15th Street Southeast, DeMotte, IN, 46310 401 15th Street Southeast, DeMotte, IN, 46310 401 15th Street Southeast, DeMotte, IN, 46310 401 15th Street Southeast, DeMotte, IN, 46310
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,150,000
Last Verified:
Feb 09, 2024


Description

Newly remodeled investment property located in DeMotte and is complete with key card access to all units and 41 paved parking spaces, with close proximity to I 65 highway! All lower level units (8) on the east side of this building are fully occupied, and the entire west side of the property is occupied by a nationally known and respected company. The upper 7,000sf level is ready to be leased as Added Value commercial space currently fitted with 5 offices/spaces along with a full kitchen area and can be updated with new carpet/paint or leased as is. Open space can also be easily converted to 8-10 office spaces or built to suit any potential needs.

Located off of Route 10 and 231 near I 65


Year Built: 1988
Building Size: 14000sq ft
Building Class: C
Lot Size: 1.19 acres

Map of 401 15th Street Southeast, DeMotte, IN, 46310

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.