Prime US-31 Commercial Investment Opportunity!
3,680 SF Building | C-2 Highway Commercial Zoning | 2-Overhead Doors | 4 Offices | Fully Fenced in Yard for Security & Storage | Income Producing with Billboard Lease | US-31 Visibility!
Online Auction: Wednesday, March 18th at 6 pm
Property Address: 13101 Michigan Road, Plymouth, IN 46563
Open House on Thurs. March 12th from 5:30 – 6 pm
Center Township • Marshall County
4 Offices • 2 Overhead Doors • Versatile Indoor Space • Chain Link Fenced Yard
$1,461.72 Annual Taxes • 3,680 SF Building
Legal Description: ACREAGE: .83 AUDITOR DESC: PRT SEC 26:BEG WLY R/W MR 408.47FT S • Parcel #: 503226000011000018
Prime US-31 Commercial Investment Opportunity! High-visibility commercial property located at the intersection of US-31 & Michigan Road, offering exceptional exposure along one of the area’s primary north-south corridor! With strong traffi...
Prime US-31 Commercial Investment Opportunity! High-visibility commercial property located at the intersection of US-31 & Michigan Road, offering exceptional exposure along one of the area’s primary north-south corridor! With strong traffic counts and easy access, this location provides outstanding potential for investors and owner-operators alike. This 3,680 square foot building is zoned C-2 (Highway Commercial), allowing for a wide range of permitted uses. Whether you're seeking space for retail, service, contractor operations, automotive, warehouse, flex space, or business expansion, this versatile structure can be adapted to meet your needs. This property is also income producing with a lease agreement in place from Lamar Billboard Co. to 2040!
The building offers a flexible interior layout featuring:
• Four offices
• Large open workspace suitable for showroom, warehouse, or production use
• Two Overhead doors: 10’ overhead door with 14’ ceiling height & 8’ overhead door with 8’ ceiling height
Additional features include:
• 4-zone boiler heating system
• Gas & electric service (NIPSCO)
• Private 4” well
• Fully fenced yard, ideal for secure storage, equipment, fleet parking, or expansion potential!
Billboard Lease Agreement
• Billboard Lease Agreement in place to 2040.
• Pays $1,800 per year with a bump beginning in 2030 for $2,000 per year
• Billboard Company Pays own Electricity Bill & has a restriction on competitive advertising - meaning they can't market against the business/use you put into the property.
With its strategic highway frontage, 22,028 Average Daily Traffic Count, adaptable floor plan, and secure outdoor area, this property offers a rare opportunity to acquire a highly visible, multi-use commercial asset with long-term upside potential. Come See for Yourself: Open House on Thurs. March 12th from 5:30 – 6 pm
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Research Parcel InformationAt Intersection of US 31, 13th Road & Michigan Road