5000 Central Avenue

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5000 Central Avenue

Portage, IN 46368
Asking Price
$250K
Asset Type
Auto Shop Mixed-use
Class
Class B

What's Special

Value-Add Opportunity | 6,200 SF Retail/Warehouse on 2.8 Acres | High-Traffic Corridor <ul><li>​<strong>Value-Add Opportunity</strong> – 6,200 SF building in need of repairs, ideal for renovation and repositioning</li><li>​<strong>Prime Central Avenue Location</strong> – High visibility and strong traffic exposure along a major Portage corridor</li><li>​<strong>2.796 Acres of Land</strong> – Nearly 3 acres providing ample space for parking, storage, or future expansion</li><li>​<strong>Flexible Layout</strong> – Retail storefront in front with warehouse space in rear supports mult

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NOI
$80,000
Cap Rate
32.01%
DSCR
5.39
Strong
Cash-on-Cash
86.92%
Monthly Payment
$1,236.369
Annual Cash Flow
$65,163.574

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