Listing courtesy of PREFERRED GROUP REALTORS · Listing agent: Vicki Simoni · Office: 574-806-4010
601 S Heaton (US 35)
Knox, IN 46534
Original price $375,000 · Price reduced on July 12, 2026
- Basement
- Bedrooms
- 2
- Bathrooms
- 1.5
- Living area
- 1,440 sq ft
- Lot
- 0.2 ac
- Year built
- 1900
- Type
- Apartment
- Listed
- July 18, 2025
- MLS #
- 202528203
About this home
THIS IMPRESSIVE BRICK COMMERCIAL /INVESTMENT BUILDING OFFERS UNIQUE OPPORTUNITY FOR BUSINESSES...seeking a professional space with ample amenities! ***SELLER FINANCING OR LEASE TO QUALIFIED PARTY!.***Located on BUSY US 35! Ideal for office use and offers additional income in a seperate rental building. COULD BE 3 SEPARATE RENTALS-OFFICE SPACE, STUDIO APT AND 2 BDRM APT. Main building currently used as real estate office. Includes 3 privates offices, reception area, secretary workspace, conference room with kitchenette, 2 restrooms, misc open spaces and ample storage spaces. Included is lighted exterior pole sign frame with message board. 10 paved parking spaces. Both buildings have new shingles and are well maintained. (Property is broker owned.) Don't miss this exceptional opportunity to own a versatile commercial property in a prime location! Serious QUALIFIED inquiries only! ***LEASE TERMS AVAILABLE TO QUALIFIED PARTY***
Monthly payment estimate
$2,447/mo
- Principal & interest
- $1,970
- Property taxes
- $372
- Homeowners insurance
- $105
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- One and One Half
- Stories
- 1
- Total area
- 2,064 sq ft
- Finished area above grade
- 1,440 sq ft
- Unfinished area below grade
- 624 sq ft
- Below grade total
- 624 sq ft
- Bedrooms above grade
- 2
- Basement
- Crawl Space, Partial
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Heating
- Forced Air
- Cooling
- Central Air
- Amenities
- Basement, Ceiling Fan, Ceilings-Vaulted
Exterior & parking
- Construction
- Brick
- Parking
- Paved
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot
- Lot size (acres)
- 0.2 ac
- Lot dimensions
- 66x131
- Location type
- City/Town/Suburb
- County
- Starke County
- Township
- Center
- Platted
- Yes
- Planned unit development
- No
- Directions
- SW Corner S Heaton St( US 35) and St Louis St. in Knox
Schools
- Elementary school
- Knox
- Middle school
- Knox
- High school
- Knox
- School district
- Knox Community School Corp.
Taxes & terms
- Annual taxes
- $4,464
- Tax year
- 2025
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Contract, Conventional
- Possession
- Tenants rights on apartment. Office DOC
- Parcel number
- 75-06-22-402-152.000-004
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- NIPSCO
- Gas provider
- NIPSCO
Income & commercial
- Units
- 2
- Buildings
- 2
- Annual gross rent
- $9,600
- Net operating income
- $4,036
- Parking spaces
- 10
- Pets allowed
- Yes
- Tenant pays
- Electricity, Fuel
- Electric meters
- 2
- Gas meters
- 2
- Water meters
- 1
- Water & sewer (annual)
- $1,100