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3421 Ridge Road Highland, IN $ 850,000
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$ 850,000 Get more info
3421 Ridge Road
$ 850,000
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3421 Ridge Road

Highland, IN, 46322
$ 850,000
Baths0.0 Sq 4,089

Monthly Estimate*

$ 5,938

3421 Ridge Road, Highland, IN 46322 - Image 1
3421 Ridge Road, Highland, IN 46322 - Image 2
3421 Ridge Road, Highland, IN 46322 - Image 3
Studio

Commercial Property for sale in Highland, IN

for $850,000. This 4,089 square foot building was built in 1938 on a lot size of 1.73.

ATTENTION DEVELOPER/INVESTORS; 1.73 Acres on Ridge Rd with 3 homes currently leased (month to month). Property currently zoned R-1. This property is located between CVS Pharmacy on the west and a medical Office Building on the east. Potential use for business or commercial would require rezoning with the Town of Highland. Seller will not separate properties and there are no showings allowed of the homes. Property being sold as is.

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Multi Family

Lot Size

1.73

Year Built

1938

Town/City

Highland

County/Region

Lake

MLS | Web ID

454103
Features
General
Interior Features Elevator
Heating Forced Air Other
Utilities Cable Available Electricity Connected Natural Gas Available Natural Gas Connected Other Sewer Connected
Security Features Other
Year Built 1938
Electric 100 Amp Service Circuit Breakers Other
Township North
Property SubType Multi Family
Gross Income 0
County Lake
Net Operating Income 26326
Insurance Expense 3000
Property Type Commercial Sale
Subdivision Name Douthetts Add
Building Features Mixed Use Other
Close Price 0
Status Active
Directions Rt 41 to Ridge Rd east to property (Just past Grace St and the CVS Pharmacy)
City Highland
Lot Size Square Feet 75359
Street Name Ridge
Electric Expense 0
Trash Expense 0
Standard Status Active
Total Actual Rent 38880
Taxes 9554
Legal Description Legal Description: DOUTHETT'S ADDITION E. 100 FT. OF BL.5 #2 DOUTHETT'S ADD (EX.N.135FT & EX.SE & COR.150X50FT) PT BL 6 #3 DOUTHETT'S ADD PT.SE COR.OF BL.6 (150X50FT)
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Exterior
Parking Features Other Private
Water Source Public
Lot Dimensions Approx. 249x150
Lot Size Acres 1.73
Frontage Length Approx. 249
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Interior
Street Suffix Road
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* Excluded Features
List By
George Georgeff

Listing Agent

Mccolly Real Estate

Broker

ggeorgeff@mccolly.com

Email

Affordability Calculator

$5,938
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/16/2022$850,000 Listed Price

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3421 Ridge Road, Highland, IN, 46322 is a Commercial Property for sale at $850,000 with 4,089 sqft and a lot size of 1.73. 3421 Ridge Road is a studio with 0.0 baths and was built in 1938. The property's zip code is 46322 which is in Highland, IN

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