About 110 S 16th Street
Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue. Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.
Features of 110 S 16th Street
| MLS® # | 202540081 |
|---|---|
| Price | $349,900 |
| Bathrooms | 3.00 |
| Square Footage | 653 |
| Acres | 0.02 |
| Year Built | 1960 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 110 S 16th Street |
|---|---|
| Subdivision | None |
| City | Lafayette |
| County | Tippecanoe County |
| State | IN |
| Zip Code | 47905 |
Amenities
| Utilities | Mun. Sewer to Site, Mun. Water to Site |
|---|---|
| Features | Living Space, Overhead Door 1, Basement, Delivery Door, Office Space, Reception Area, Ventilating/Exhaust Fans |
| Parking | Paved, Public |
| Is Waterfront | No |
Interior
| Interior | Drywall, Other |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Central Air, Wall AC |
| # of Stories | 2 |
| Basement | Partial Basement |
Exterior
| Exterior | Vinyl, Wood |
|---|---|
| Lot Description | Corner, 0-2.9999 |
| Roof | Rubber, Shingle |
| Construction | No |
Additional Information
| Days on Market | 15 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jessica Collaco |
|---|---|
| Office | Keller Williams Lafayette |
| Contact Info | Agt: 818-648-7130 |