1057 E 350 N
Warsaw, IN 46582

Two buildings on six tenths of an acre just northeast of Warsaw. The east building is 40x63 and was constructed in 1979 by Morton Buildings. It has two modern apartments (Unit A: 2 brs, 1 bath. Unit B: 3 brs, 1 bath) that rent for $1200 per month each (tenants pay gas and electric). Both units have a Carrier high efficiency furnace and central AC. Rear portion (leased for storage) has large sliding doors at the front and rear (plus loft area above the apartments for storage). The south building is 30x66 constructed in 1991 by Pacemaker. Current lease is $1,000 per month (can be extended or terminated).It has 5 overhead doors and is currently divided into 3 units (could be 5); both end units have 2 overhead doors and a service/entrance door; the middle (single) unit has an overhead door and can also be accessed thru a service door from the east end unit. Ample gravel parking. Seller pays taxes ($1456 per year), insurance, maintenance (minimal expense), snow plowing (approx $600 per season), trash service ($60 per month), electric for south building (separately metered from the apartments; minimal expense). NIPSCO natural gas, REMC electric (with fiber optic internet service available), 4 inch well (shared with the adjacent house to the east), private septic system, Commercial zoning. A great location just minutes from Warsaw, US 30 and St Rd 15. The perfect opportunity for an entrepreneur!

Property Features