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1860 DELPHI AVE. – INVESTMENT OPPORTUNITY - $27,500.

No: 3934 MLS: 201944020
Address: 1860 DELPHI AVENUE  
Total Sq Ft:
Zoning: B3 and R2
Lot Size: 257x171   1 acre
Taxes: 2018 pay 2019   $1,727.50/year
 
INVESTMENT OPPORTUNITY !! –

Check out this commercial property at the north edge of town. 257’ of frontage on Delphi Avenue (N. State Road 75). 3 car (40x26, 1,040 sq. ft.) garage. The big building is 2 buildings with total approx. 120x40. North part of building (57x39, 2,223 sq. ft.) in poor condition and is deemed unsafe to enter. South part of building (63x41, 2,583 sq. ft.) is pole construction and appears to be okay. Area Plan has given notice that the buildings need to be removed. Not within city limits, so it is not on city water or city sewer. They are available at about 340 ft. south of the property. The cost to get there and hook-up is the buyer’s expense which would have to be worked out with Frankfort Municipal Utilities and the homeowner to the south. There are known buried petroleum tanks, but the location and condition is not known. The tanks have not been used in over 30 years. The real estate taxes for 2019 pay 2020 will be substantially lower, because a dwelling was removed in late 2018. The 2018 pay 2019 taxes are with the building, but the 2019 pay 2020 taxes will be without the building. North half of the property is zoned B-3, the south half is zoned R-2. The north property line appears to be at the north end of the building, so the north drive does not appear to be on this property.

Listing Agent: Dave Rodkey 765-659-1828

Information is not warranted and is subject to change.

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*Information is Subject to change without notice.*


Email: dave@rodkey.com

©2019 Dave Rodkey Realtors, Frankfort, IN