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129 Orpha Drive

Middlebury, IN 46540
  • $1,890,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 202503973
UPDATED: 69 min ago
$1,890,000
  • 0
    BEDS
  • 2.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,181
    SQFT
Neighborhood:
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

Listing provided by Steve Miller of RE/MAX Results-Goshen: Office: 574-533-9581.

Description

This high-visibility strip mall is a solid investment, ideally located on a corner lot along heavily traveled US 20. Fully occupied with five suites housing a variety of businesses. The property is well-maintained and offers excellent long-term potential. 100% occupancy with established tenants. The large lot offers opportunity for expansion with proposed plans for extending the existing structure and adding a separate 4,800 SF building. Thriving location; Middlebury is a vibrant, growing community, making this a prime opportunity for long-term returns!

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-03-23T18:28:52.82.

www.team-janet.com/homes/160155002
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129 Orpha Drive Middlebury, IN 46540

  • Price: $1,890,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 69 min ago
  • MLS #: 202503973
0
Beds
0
Baths
0
½ Baths
2.09
Acres
16,181
SQFT
$117
$/SQFT
2006
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Property Description
This high-visibility strip mall is a solid investment, ideally located on a corner lot along heavily traveled US 20. Fully occupied with five suites housing a variety of businesses. The property is well-maintained and offers excellent long-term potential. 100% occupancy with established tenants. The large lot offers opportunity for expansion with proposed plans for extending the existing structure and adding a separate 4,800 SF building. Thriving location; Middlebury is a vibrant, growing community, making this a prime opportunity for long-term returns!
Exterior Features

Construction Type1 steel Driveway Asphalt Exterior MetalOther Fire Doors YN Yes Lighted Parking YN Yes Location City Lot Dimensions 2.09 acres Parcel Description Corner0-2.9999Planned Unit Development Parking Off-Street Parking Spaces 65 Parking Type asphalt Parking YN Yes Road Access City Road Surface Asphalt Roof Material Metal Security Light YN No Sign Type Attached Building Signs Signs YN Yes Water Features None Waterfront YN No

Interior Features

Basement Foundation None Basement YN No Bldg1 Above Grd Sq Ft 16181 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 9 ft Column Spacing 8 ft Cooling Central AirMultiple Cooling Units Flooring CarpetConcreteVinyl TileOther Heating Fuel GasForced AirMultiple Heating Systems Interior Height 15 ft Interior Walls Drywall Internal Rooms KitchenOfficeStorageOther Special Features Office SpacePublic RestroomsReception AreaRefrigeration/Freezer Total Restrooms 8

Property Features

Annual Taxes 22771 Auction YN No Buildings 1 Burglar Alarm YN Yes Business Name South Pointe Currently Leased YN Yes Documents Available Plat MapLegal DescriptionRent Roll Electric Company NIPSCO Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company NIPSCO Gross Monthly Expenses 3472 Gross Monthly Rent 15000 Ingress Egress Asphalt Lease Term Remaining varies New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Strip Center Property Sub Type Retail Property Use Investment Property Proposed Financing CashConventional Reo YN No Sale Includes BuildingLandLease Security Gate YN No Sewer City Smoke Fire Alarm YN No Sprinkler System YN No Tax Abatement No Township Middlebury Traffic Count 15151 Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2023 pay 2024 Zoning Description DPUD B-3

Listing provided by Steve Miller of RE/MAX Results-Goshen: Office: 574-533-9581.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-03-23T18:28:52.82.

 
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Janet English | Keller Williams
3928 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Steve Miller of RE/MAX Results-Goshen: Office: 574-533-9581.