Address
503 W Main Street, Butler, IN
Price
$ 349,000
Property Attributes
- MLS#202139716
- TypeMulti-Family
- CountyDEKALB
- CityButler
- AreaWilmington
- Zip46721
- Style
- Year Built1920
- Taxes$ 3979
- Price$ 349,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1992
Data Source:
Indiana Regional MLS (IRMLS)
Property Description
Great Investment Opportunity with multiple diverse income sources. The property is 1.43 acres that is commercially zoned and includes a 48'x58', 2,784 sq. ft. retail/restaurant building. Half of the building currently has a well established very successful Nationally Branded Sandwich Business which has been in business for 28 years. The franchise is part of the sale contingent upon approval. The vacant half of the building is ready for remodeling to hold a retail shop, coffee shop or many other uses. Also located on the property is a very well maintained 14'x66' manufactured home and 15'x22' garage that has a good rental history. The property is located on a major highway in a very high traffic area with retail businesses all around it. There is much of the 1.43 acre corner lot that is currently unused lawn area that could be further developed for additional buildings, etc. Address is 503, 503 1/2 & 505 W. Main St., Butler (There are 3 separate addresses at this parcel).
| Elementary School | Middle School | High School |
|---|---|---|
| Butler Elementary School | Eastside Middle School | Eastside High School |
| Price History | |
|---|---|
| 9/21/2021 | Listed $349,000 |
General Features
| # of Buildings | 3 |
|---|---|
| Age | 102 |
| Agent First Name | Andrew |
| Agent Last Name | Jagoda |
| Assoc. Dues Frequency | Not Applicable |
| Basement | Crawl, Slab |
| Bathrooms | 1 |
| Beds | 2 |
| Cooling | Central Air |
| Elementary School | Butler |
| Features | Off Street Parking |
| Full Baths | 1 |
| Heating | Gas, Forced Air |
| High School | Eastside |
| Inside City Limits | Yes |
| Legal Description | PT SW 1/4 SW 1/4 (RESTAURANT)TRAILER .50A |
| Listing Area | Dekalb County |
| Middle School | Eastside |
| New Construction | No |
| Pet Restrictions Y/n | No |
| Pool Y/N | No |
| REO | No |
| School District | Dekalb Co. Eastern |
| Sewer | City |
| Status | Active |
| Status | Active |
| Stories | 1 |
| Style | One Story |
| Subdivision | None |
| Tax Year | 20/21 |
| Tenant Pays | Other |
| Total Sq Ft | 3708 |
| Type | Other |
| Virtual Tour | https://www.propertypanorama.com/instaview/irmls/202139716 |
| Year Built | 1920 |
Interior Features
| Above Grade Bedrooms | 2 |
|---|---|
| Above Grade Unfin. Sqft | 1716 |
| Basement Y/n | No |
| Dryer(s) | 1 |
| Flooring | Carpet, Concrete, Vinyl Tile |
| Num. Of 2 Bedrooms | 1 |
| Ranges/Ovens | 1 |
| Refrigerators | 1 |
| Total Number of Units | 1 |
| Unit 1 Sqft | 924 |
| Unit 1-# Of Bathrooms | 1 |
| Unit 1-# Of Bedrooms | 2 |
| W/D Hookups | 1 |
| Washers | 1 |
Exterior Features
| Approx. Lot Size Acres | 1.43 |
|---|---|
| Electric Meters | 2 |
| Exterior | Metal, Vinyl |
| Gas Meters | 2 |
| Lot Description | Corner |
| Lot Dimensions | 1.43 acre |
| Lot Size Area | 62291 |
| Number of Parking Spaces | 25 |
| Outbuilding | Outbuilding |
| Water Meters | 2 |
| Waterfront Y/N | No |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on August 10, 2022 5:31 PM UTC
Property vs Multi-Family Average in 46721
Price
Taxes
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Year Built
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