0 US Hwy 6, Portage, IN 46368

$1,150,000
Property Type: Land Lot Size (sq. ft.): 730,937 Status: Closed
Current Price: $1,150,000 List Date: 2/11/2022 Last Modified: 2/23/2024

Overview

Description

Located on the North side of US Highway 6 just West of Willowcreek Road. High traffic counts on Highway 6 and Willowcreek. The area is full of retail strip malls and stand alone buildings: Walmart, Meijer, Aldi, Texas Coral, Texas Roadhouse, Menards, Lakeshore Bone & Joint Institute, NorthShore Health Center, etc. See attached plat for PUD community of office buildings, multi-family, and single family homes. Six lots make up a 16 acre parcel ready to develop. Frontage of 850 Feet allows great exposure along US Hwy 6. All building permits and zoning must be approved through the City of Portage.

Listing Details MLS# 507442

General Property Information

Lot Size Acres
16.78
Lot Size Square Feet
730937
Lot Size Dimensions
850x880
List Price/Acre
77473.18
Sold Price/Acre
68533.97

Property Features

Community Features: Curbs Current Use: Other Lease Type: Net Listing Terms: Cash; Conventional Lot Features: Level; Open Lot Other Structures: None Possible Use: Automotive; Commercial; Medical/Dental; Mixed Use; Multi-Family; Office; Place of Worship; Residential; Retail; Warehouse; Other Road Frontage Type: City Street; State Road Utilities: Natural Gas Available; Sewer Available; Water Available

Contract Information

Auction YN
No
Original List Price
1300000
Property Sub Type
Unimproved Land
Lease Considered YN
No
Listing Agreement
Exclusive Right To Sell
Common Interest
Planned Development

Location Tax and Legal

Street Name
US Hwy 6
County
Porter
State
IN
Postal Code
46368
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Located on the North side of US Highway 6 just West of Willowcreek Road. High traffic counts on Highway 6 and Willowcreek. The area is full of retail strip malls and stand alone buildings: Walmart, Meijer, Aldi, Texas Coral, Texas Roadhouse, Menards, Lakeshore Bone & Joint Institute, NorthShore Health Center, etc. See attached plat for PUD community of office buildings, multi-family, and single family homes. Six lots make up a 16 acre parcel ready to develop. Frontage of 850 Feet allows great exposure along US Hwy 6. All building permits and zoning must be approved through the City of Portage.

Status Change Information

Major Change Timestamp
2023-04-13T16:57:06Z
Major Change Type
Status Change
Status Change Timestamp
2023-04-13
Offer Acceptance Date
2022-05-04
Close Date
2023-04-13
Close Price
1150000
Concessions
Yes
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Showing Requirements

Showing Instructions
Vacant Land

Historical Information

Public Historical Remarks
No Septic Tank: No, No Well: No

Location, Tax, and Legal

School District
Portage Township
Tax Annual Amount
506
Tax Year
2020
Tax Assessed Value
0
Tax Legal Description
Legal Description: To be provided with title commitment.
Parcel Number
640523451006000016
Township
Portage
Directions
WILLOWCREEK ROAD TO HIGHWAY 6, TURN WEST

Community Features

Curbs
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Open Lot
Yes

Other Structures

None
Yes

Road Frontage Type

City Street
Yes
State Road
Yes

Utilities

Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Lease Type

Net
Yes

Current Use

Other
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Medical/Dental
Yes
Mixed Use
Yes
Multi-Family
Yes
Office
Yes
Place of Worship
Yes
Residential
Yes
Retail
Yes
Warehouse
Yes
Other
Yes
Listing Office: McColly Real Estate
Last Updated: February - 23 - 2024
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