

Listed by Bright Star Real Estate Services
Unpriced
505 North Morton St
Details
Property Type Retail, Mixed Use
Sub Type Agricultural, Commercial
Tenancy Single
Year Built 2014
Buildings 2
Acreage 5.590
Parking Spaces 10 spaces
Ground Lease No
High Retail Traffic | 9 Greenhouses + Storefront
Marketing description
PHONE BID AUCTION
ends Tuesday, June 9th at 5pm
STARTING BID
$675,000
OPEN HOUSES
Tuesdays (May 12, 19, 26) from 3-5pm
To learn more or place a bid, call Jesse Riegsecker at (574) 612-7277
TERMS: 5% down day of auction, non-refundable. Balance due at closing in approx. 30 days. Property lines drawn are approximate. Property to sell per seller’s confirmation.
Investment highlights
Great turnkey opportunity in a prime location!
On the north side of Shipshe and bordering the starting paths of the Pumpkinvine Nature Trail (340k visitors annually), this prominent property offers a history of high retail traffic, a functional layout, and plenty of room for repurposing or expanding.
Open houses to be hosted on Tuesdays (May 12, 19, 26) from 3-5pm.
PROPERTY HIGHLIGHTS
- 5.59 acres
- Commercial
- Gravel driveway and hard yard
- Concrete pathways connect buildings and greenhouses
- Well-placed trees and large open spaces
NINE GREENHOUSES
- Seven approx. 25’ × 95’
- Two approx. 30’ × 150’
- Equipment throughout
POLE BUILDING (40’ × 70’)
- Central location
- Covered front porch
- Set up as a storefront
POLE BUILDING (40’ × 60’)
- Large overhead doors
- Used as a maintenance shop
MULTIPLE SMALLER BUILDINGS
OPEN HOUSES
Tuesdays (May 12, 19, 26) from 3-5pm
Listing Contacts


Listed by Bright Star Real Estate Services
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?


















