Redevelopment Opportunity

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30340840
Property Subtypes: Garden Center, Mixed Use, Restaurant, Retail-Pad, Vehicle Related, Other
Building Size (RSF): 118,422 SF
Gross Land Area: 21.74 Acres
Sale Price: $2,000,000
Unit Price: $16.89 PSF
Property Use Type: Investment
Building Name: The Outlet Shoppes at Fremont
Usable Size (USF): 118,422 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/13/2018

Overview / Comments

Excellent redevelopment opportunity! This 21.7 acre site is situated at the intersection of Hwy 127 and Hwy 120 in Steuben County, just west of Fremont, north of Angola and south of the Indiana Toll Road. With high visibility from I-69 (6,900,000 vehicles passing annually) and local traffic from numerous nearby lakes as well as the towns of Fremont and Angola, this location is well-suited for storage buildings, warehousing, restaurant, hotel or large box store.
For more information on this, and all BND properties, please visit our website at www.bndcommercial.com/listings.

Additional Details

Nearest MSA: Angola
County: Steuben
Tax ID/APN: 76-03-26-000-015.000-006
Zoning: GB GENERAL BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: SR 120 and SR 127
Traffic/Vehicle Count: 6,900,000
Highway Access: I-69
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Good
Year Built: 1985
Year Renovated: 1988
Roof Type: Flat
Total Parking Spaces: 611
Parking Type: Surface
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,491 3,957 6,931
Median Age: 49.74 43.61 44.98
Households: 662 1,669 2,957
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