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503 W Main Street

Butler, IN 46721
  • $349,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 202139682
UPDATED: 34 min ago
$349,000
  • 0
    BEDS
  • 1.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,038
    SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

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).

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© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-19T17:27:50.657.

www.hillteamllc.com/homes/121624906
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503 W Main Street Butler, IN 46721

  • Price: $349,000
  • Status: Active
  • Updated: 34 min ago
  • MLS #: 202139682
0
Beds
0
Baths
0
½ Baths
1.43
Acres
4,038
SQFT
$86
$/SQFT
1920
Built
Neighborhood:
None
County:
Dekalb
Area:
Dekalb
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).
Exterior Features

Construction Type1 Concrete/Wood Exterior MetalVinyl Fire Doors YN No Lot Dimensions 1.43 Acre Parking LotPaved Parking Spaces 25 Parking Type Lot Parking YN Yes Road Access City Road Surface Paved Roof Material FlatShingle Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation CrawlSlab Basement YN No Bldg1 Above Grd Sq Ft 2784 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Bldg2 Above Grd Sq Ft 924 Bldg2 Below Grd Sq Ft 0 Bldg2 Fin Office Sq Ft 0 Bldg3 Above Grd Sq Ft 330 Bldg3 Below Grd Sq Ft 0 Bldg3 Fin Office Sq Ft 0 Ceiling Height 7 Ft. 8 inch. Column Spacing 0 Cooling Central Air Flooring CarpetConcreteLaminateVinyl Tile Heating Fuel Forced AirGas Interior Height 10 Ft Interior Walls BlockConcreteDrywallWood Special Features Public Restrooms Total Restrooms 2

Property Features

Annual Taxes 3979 Auction YN No Buildings 3 Burglar Alarm YN No Currently Leased YN No Documents Available None Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Inside City Limits Yes Lease Available YN No Lease Term Remaining No Leases Exist New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Restaurant/Bar Reo YN No Sale Includes BuildingBusinessLandOther Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Wilmington Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 20/21

Listing courtesy of Andrew Jagoda of Wible Realty.
© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty.


© 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Hill Team | Keller Williams Capital Realty. Data last updated: 2021-10-19T17:27:50.657.

 
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The Hill Team | Keller Williams Capital Realty
4424 Vogel Road Suite 300
Evansville IN, 47715