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For Sale

450 St Clair Street

450 St Clair Street, Mooresville, IN 46158

$899,000

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.

0.822 Acres lot

Features & Amenities

Area & Lot

Status For Sale
Lot Area0.822 Acres
MLS® ID21887136
TypeCOMMERCIAL
YEAR BUILT1968

Exterior

STORIES1
utilitiesElectricity Connected

Financial

Sales Price$899,000
Zoning Commercial

Work With Cara

Cara is a certified negotiation expert and has also been recently certified as a Luxury Home Marketing Specialist. Utilizing cutting-edge digital technology, she leverages a variety of proven tactics in Real Estate sales and marketing.

Let's Connect

Contact Details

Cara Conde

Phone

(317) 999-9888

cara.conde@compass.com

Address

5420 N College Ave Suite 100 Indianapolis, IN 46220

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