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Property view

600 N Wayne Street, 
Angola, IN 46703

$245,000

—

Bed

2

Baths

3,800

Sq Ft

Multi-Family

Sold

Listed by

Robert Thatcher

Coldwell Banker Real Estate Group

Cell: 574-596-1576

MLS#

202433588

Source:

Indiana Regional MLS

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About This Home

600 N Wayne Street

** Leased Investment ** Prime Investment Opportunity - estimated, 11% CAP Rate! Introducing! 600 N. Wayne Street Angola, Indiana Affordable, Investment Grade Property w/ Opportunity Zone Tax Incentives! ATTENTION - INVESTORS | 3,800 SF Commercial Restaurant For Sale Prime NE Indiana Location adjacent to the dynamic Angola Central Business District (CBD) & Trine University! ZONED: C-1 City Commercial The Wayne Street Commercial District is US HWY 127 and is home to many national brands neighboring this prominent investment property High Visibility, Excellent Signage & Average Daily Traffic Counts of 15,714 Very Well Maintained Commercial Facility with Newer, EPDM Roof & HVAC System(s) both replaced in 2021. Ample On-Site Parking for Customers & Staff Commercial Kitchen Exhaust Hood, Cooler & (3) Bay Sink, Included w/Sale of Real Estate Modified Net Leased Asset through May, 2025; Renewal Option w/Increase to Base Rent of up to 10% is provided for in the Lease Agreement. Priced To Sell: $249,900 ($65.76/SF) Offered Exclusively By: Robert L. Thatcher CRRP, CRX, CSM, CMD, CLS, CDP Commercial Broker/Advisor - Coldwell Banker Commercial

Home Facts

Multi-Family

2 Baths

Built in 1964

Price Summary

249,900

$65 per Sq. Ft.

MLS #:

202433588

Sold:

October 4, 2024

Rooms & Interior

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

3,800 Sq. Ft.

Structure

Structure

Architectural Style:

One Story

Building Area:

3,800 Sq. Ft.

Year Built:

1964

Lot

Lot Size (Sq. Ft):

14,375

Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$65 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.