For Sale 4240 South Old US 41 Sullivan, Indiana

Status: Available
Price: $230,000
Acres: 14.5 +/-
Type: Lakefront, Commercial
Address: 4240 South Old US 41
City, State: Sullivan, Indiana
County: Sullivan
ZIP Code: 47882
Lat/Long: 39.0225725, -87.398257
Presented By: Jeff Michalic
Taxes: $2,234

Description

4240 South Old US 41 is a 14.5 acre commercial property located in Sullivan County just west of Paxton, Indiana. This property is currently being used as a small rental community. With 9 rental units this property has the ability to turn a nice profit. The 9 structures consists of 5 homes and 4 mobile homes. A garage is also part of the property and is used as a work shop and storage for building materials, tools, and lawn equipment. These units are all connected to city water and septic. The structures sit on the east side of the property and only use about 2.5 acres. The remaining 12 acres are mostly wooded, with just over 3 acres making up a pond.  With this much additional ground, increased development is possible. Several nice building sites are available for residential development as well. The parcel sits between both US 41 and Old US 41 with great road frontage on both roadways. Being zoned for commercial use, this property could be converted to any number of other commercial businesses. For more information on this property, please contact Jeff Michalic at 812-230-4503 of email him a Jeffm@mossyoakproperties.com

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Jeff Michalic

Email: jeffm@mossyoakproperties.com

Phone: (812) 230-4503

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