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119 S Indiana Ave
For Sale $1,500,000 ($265.96 per Sq Ft)
$1,500,000 ($265.96 per Sq Ft)
- 5 Units
- 5,640 Sq Ft
- 35,044 Sq Ft
- Unknown Cap Rate
Description
FULLY LEASED FIVE UNIT STRIP PLAZA. This 6000 SF plaza has a new roof, parking lot and a new sign on busy SR776. Located 200 feet from the intersection of Historic Dearborn Street and Indiana Ave this property has great traffic counts and exposure and is sure to appreciate for years to come thanks to its fantastic location. Three units are leased month to month and the double unit on the end has just signed a new six year lease. This one acre parcel has room to expand for additional income opportunities and has all the utilities available and desirable X flood zone for cost effective expansion. If you are looking for a new home for your current business or just shopping for a safe haven with income, this property presents a unique opportunity. Seller financing is being offered to well qualified buyers.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,500,000 |
| Property Type | Other |
| Usable Sqft | 5,640 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1958 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 0853050001 |
| MLS # | D6141981 |
| Property ID | 300363279 |
| Lot Sqft | 35,044 |
| Zoning | CG |
| Total Units | 5 |
| Days on Market | 253 |
| Original List Price | $1,500,000 |
| Date Updated | April 25, 2025 |
| Date Created | April 16, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Bart Tracy II an agent of LASBURY-TRACY REALTY INC.. Lic #3067180
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of April 25, 2025 The information being provided is 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.
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Robert Crawford
REAL ESTATE AGENT