450-490 ST CLAIR ST., MOORESVILLE, IN 46158

450-490 St Clair St, Mooresville, IN 46158, USA
$1,049,000

Basics

Category Type Status Lot size 35806 sq ft
Year built 1968

Description

  • Description:

    A profitable investment with long-term, valued tenants. This 5-unit commercial property has been in the family for decades. Consistently occupied with financially responsible tenants who have helped improve their respective units and maintain the property. The Seller couldn’t have asked for better tenants. 

    This property, built in 1968, was one of the original commercial strip centers in Mooresville. Once occupied by a Laundromat (still possible to accommodate a Laundromat) and now a church, office and restaurant. With most leases having annual escalations, this property is a passive income dream come true. Lease rights apply.

Location

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