Description
Great opportunity to own a piece of Elkhart County history. This building was home to one of the original newpapers to the city called the "Democrat". This offering is for 3 parcels. the off street parking (11-09-265-008-015) no address, the 1400+/- s.f. penthouse ( 11-09-265-018-015) 206 1/2 N. Main St. with 2 large bedrooms split at each end of the structure one overlooking main street, and open concept with kitchen island, etc. it is very nicely finished with appliances. The penthouse may be rented for $1,100/mo. + $200 for included utilities, for parking, etc. Electric is separately metered for penthouse and would be tenants responsibility. The 2800 +/- s.f. hair salon and executive office suits offered $250/ each. utilities included ( 11-09-265-017-015) 206 "A" N. Main is salon, and 206 "B" N. Main St. executive ofices. Owner is retiring from hair business (30 years in Goshen) after the sale, but would stay on as consultant if requested to help new buyer. Chiropractor is leasing. Courthouse is southwest of this address across intersection. Great opportunity for so many businesses. Zoned B-1. Partial unfinished basement housing mechanicals, walk-in vault for secure storage on main floor. Value arrived at with conservative market rates for booth rental using income approach and market sales for quality residential dwellings. Parking has been rented to neighboring property owners in the past. With investment of simple automated parking attendant parking could cash flow as well. Parking currently used for salon with some communal use for neighboring businesses. Two banks within a block of property. Downtown Goshen continues to grow with great leadership and a eye on redevelopment. This opportunity is one of few available for sale on Main St. not requiring major renovations as mechanicals, roofs, etc are all newer. All information believed accurate, but not warranted, buyer or buyers agent to confirm information and assumes all liability for said information. Penthouse may be rented for $1300/mo. + $200 for utilities, parking, etc
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0BEDS
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0.33ACRES
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01/2 BATHS
School Ratings & Info
Description
Great opportunity to own a piece of Elkhart County history. This building was home to one of the original newpapers to the city called the "Democrat". This offering is for 3 parcels. the off street parking (11-09-265-008-015) no address, the 1400+/- s.f. penthouse ( 11-09-265-018-015) 206 1/2 N. Main St. with 2 large bedrooms split at each end of the structure one overlooking main street, and open concept with kitchen island, etc. it is very nicely finished with appliances. The penthouse may be rented for $1,100/mo. + $200 for included utilities, for parking, etc. Electric is separately metered for penthouse and would be tenants responsibility. The 2800 +/- s.f. hair salon and executive office suits offered $250/ each. utilities included ( 11-09-265-017-015) 206 "A" N. Main is salon, and 206 "B" N. Main St. executive ofices. Owner is retiring from hair business (30 years in Goshen) after the sale, but would stay on as consultant if requested to help new buyer. Chiropractor is leasing. Courthouse is southwest of this address across intersection. Great opportunity for so many businesses. Zoned B-1. Partial unfinished basement housing mechanicals, walk-in vault for secure storage on main floor. Value arrived at with conservative market rates for booth rental using income approach and market sales for quality residential dwellings. Parking has been rented to neighboring property owners in the past. With investment of simple automated parking attendant parking could cash flow as well. Parking currently used for salon with some communal use for neighboring businesses. Two banks within a block of property. Downtown Goshen continues to grow with great leadership and a eye on redevelopment. This opportunity is one of few available for sale on Main St. not requiring major renovations as mechanicals, roofs, etc are all newer. All information believed accurate, but not warranted, buyer or buyers agent to confirm information and assumes all liability for said information. Penthouse may be rented for $1300/mo. + $200 for utilities, parking, etc
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