Prime US-31 Commercial Investment Opportunity! 

3,680 SF Building | C-2 Highway Commercial Zoning | 2-Overhead Doors | 4 O?ffices | 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

BID NOW AT BIDMETZGER.COM

• 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 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

Schedule Your Private Showing Today! Call our office at 260.982.0238

TERMS:

This will be a soft close, the end time continues to extend by a few minutes whenever a bid is placed within 2 minutes of the auction closing. This means it doesn't truly end until all bidding has stopped, providing a fair opportunity to all bidders!

A 5% Buyer's Premium will be added on top of the purchase price

$10,000 down day of the auction with the balance at closing. The Sellers will provide a Warranty Deed & an Owner's Title Insurance Policy at closing. If survey is required for clear title, the costs shall be split 50/50 by the Seller and Buyer(s). Buyer(s) agree to sign the purchase agreement within 24 hours of the auction ending and submit their earnest money to Metzger Property Services within the 24 hour time period via cash, check or wire transfer. Buyer(s) agree to pay an additional $25 wire transfer fee if wiring said funds. Buyer(s) who fail to do so will be in breach of contract and are subject to damages &/or specific performance.

RE BROKERS: Must Register their Clients 24 hrs. in advance of the auction & be present with them at any & all showings they attend to receive compensation. Client Registration form is in docs.

Seller has the right to accept bids prior to auction.