810 S College Avenue Rensselaer, IN, 47978
$ 249,900Bedrooms Baths0.0 Sq 15,086
for $249,900. This 15,086 square foot building was built in 1951 on a lot size of 152 x 347.
A super investment opportunity to invest in 1.75 A of commercial real estate, with 2 buildings and an open .53 A paved lot. The 60 x 188 building once was the home of a bowling alley/bar, a bank and has a 3 bdr, 2.5 bath apt upstairs. The back 24 x 86 building is currently rented to 2 different business's. There is also a 140 x 165 open lot included in this unique package. Paved parking spaces are abundant for your business opportunity. Bowling alley/bar has not been in operation for 2 years. Seller does not guarantee any equipment still on property, although some may still be operational. Butcher block table in kitchen does not stay. Aerial and additional info is included with disclosures. All Measurements and information are not guaranteed. Buyer is responsible for all independent verification.
Cooling System Central Air Window Unit(s)
Flooring Carpet(s) Wood Floors
Heating Source Gas
Heating System Forced Air Water Heater
Interior Public Restroom Walls: Concrete Block Walls: Dry Wall
Sewer City Sewer
Construction Block Cedar Concrete Vinyl
Parking Parking Lot Paved
Road Frontage State Road
Roof Composition Metal Rubber Shake Shingle Roof
Miscellaneous* Excluded Features
Commercial Living Space Available Office Space Pole Sign Reception Area Sale Includes Building Sale Includes Fixture/Equip Sale Includes Inventory Sale Includes Land Sign
Utilities Electric Gas Public Water/Sewer Water
List By Terri Phegley
Cornerstone Real Estate Agency
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Commerical listings in Rensselaer, IN
Average List Price $368,113
Percent of Sale Price 47 %
About Rensselaer, IN
5 % Since 2002
$ 44,340 Median Income
36.74 Median Age
28 % Households with Children