Listed by @properties/Christie's International Real Estate
$324,900
1200 S Woodland Avenue
Details
APN 460503101008000009
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 2,512
Cap Rate 7.90%
NOI $27,659
Tenancy Multi
Lease Type Modified
Class B
Year Built 1987
Acreage 0.666
Two-unit commercial space on a busy corner in Michigan City. Currently fully leased.
Marketing description
Two-unit commercial space on a busy corner in Michigan City. Currently medical/office space and fully leased generating 36,000 in gross rent annually. Plenty of parking with 17 spaces. Zoned B2.
Listing Contacts
Listed by @properties/Christie's International Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,659.00
$2,304.92/mo
Valuation Metrics
0
DSCR
8.51%
Cap Rate
8.51%
ROI
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