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Sold

450 St Clair Street

450 St Clair Street, Mooresville, IN 46158

$763,500

A profitable investment with long-term, valued tenants. This 4-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.

0.82 Acres lot

Annie Scott

title Broker
PHONE (317) 902-8622
EMAIL [email protected]
DRE # RB15000739

Features & Amenities

Area & Lot

Status Sold
Date Sold May 5, 2023
Lot Area0.82 Acres
MLS® ID21887136
TypeCommercial
YEAR BUILT1968
NeighborhoodMooresville

Exterior

STORIES1
utilitiesElectricity Connected

Financial

Sales Price$763,500
Zoning Commercial

Mooresville

Welcome to Mooresville, Indiana: A Historic Gem with Modern Appeal

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Contact Details

Annie Scott

Phone

(317) 902-8622

[email protected]

Address

9277 N MERIDIAN ST INDIANAPOLIS IN 46260

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