109 E 950 N, Chesterton, IN 46304 (MLS# 447315)

109 E 950 N, Chesterton, IN 46304

$475,000

Property Type: Commercial Sale Square Footage: 2,466 Lot Size (sq. ft.): 74,923 Status: Closed

Current Price: $475,000 List Date: 12/14/2018 Last Modified: 6/19/2024

Overview

Description

A Unique Opportunity to own a multiple Income Producing Property. This parcel offers a cell tower, a North/South facing lighted outdoor billboard, and 2,466 square foot office retail building, all for sale. This commercially zoned property has frontage on the Indiana State Road 49 and the Indiana Toll Road, Interstate 90. The parcel is 1.72 Acres and contains a forty (40) space parking lot. There is also a two and one half car (2 1/2) garage on the property as well as a storage shed. Daily vehicle counts are 62,300 on Interstate 90 and 31,000 on Indiana 49. A survey, building plans, and income information are available upon request. Call for an appointment to see this today.

Listing Details MLS# 447315

General Property Information

Living Area: 2466
Building Area Source: Assessor
Accessibility Features YN: Yes
Year Built: 1988
Lot Size Acres: 1.72
Lot Size Square Feet: 74923
Lot Size Dimensions: 188x397
Stories: Yes

Property Features

Building Features: Courtyard; Private Restrooms; Sheet Rock Ceiling(s); Other Construction Materials: Cedar; Frame Cooling: Central Air Current Use: Office; Retail Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service Flooring: Carpet; Concrete Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Private Possible Use: Commercial; Medical/Dental; Mixed Use; Office; Retail Rail Availability: None Road Frontage Type: State Road Roof: Composition Security Features: Smoke Detector(s) Sewer: Private Sewer Tenant Pays: None Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected Water Source: Private; Well Showing Requirements: 24 Hour Notice

Contract Information

Auction YN: No
Original List Price: 650000
Property Sub Type: Retail
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant

Location Tax and Legal

Street Number: 109
Street Direction Prefix: E
Street Name: 950
Street Direction Suffix: N
County: Porter
State: IN
Postal Code: 46304
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: A Unique Opportunity to own a multiple Income Producing Property. This parcel offers a cell tower, a North/South facing lighted outdoor billboard, and 2,466 square foot office retail building, all for sale. This commercially zoned property has frontage on the Indiana State Road 49 and the Indiana Toll Road, Interstate 90. The parcel is 1.72 Acres and contains a forty (40) space parking lot. There is also a two and one half car (2 1/2) garage on the property as well as a storage shed. Daily vehicle counts are 62,300 on Interstate 90 and 31,000 on Indiana 49. A survey, building plans, and income information are available upon request. Call for an appointment to see this today.

Status Change Information

Major Change Timestamp: 2019-02-12T13:31:45Z
Major Change Type: Status Change
Status Change Timestamp: 2019-02-12
Offer Acceptance Date: 2019-02-12
Close Date: 2019-02-12
Close Price: 475000
Buyer Financing: Cash

More Information

Building Features

Number of Offices: 5
Office SqFt: 2466
Courtyard: Yes
Private Restrooms: Yes
Sheet Rock Ceiling(s): Yes
Other: Yes

Exemption Information

Exemption YN: Y

Income and Expenses

New Taxes Expense: 2600
Electric Expense: 0
Gross Income: 0
Gross Scheduled Income: 0
Insurance Expense: 0
Maintenance Expense: 0
Manager Expense: 0
Net Operating Income: 0
Other Expense: 0
Professional Management Expense: 0
Sewer Expense: 0
Supplies Expense: 0
Total Actual Rent: 0
Trash Expense: 0
Water Expense: 0

Showing Requirements

Showing Instructions: Please use showing assist.
24 Hour Notice: Yes

Historical Information

Public Historical Remarks: Utilities: On, Roof Structure: Gable, Utilities: Storm Sewer Avail.

Location, Tax, and Legal

Tax Legal Description: Legal Description: PAR S OF TOLL RD & W OF RT 49 DESC DR385 P11 NW 18-36-5 1.714AC DITCH
Parcel Number: 640718152001000006
Township: Liberty
Directions: On the Northwest corner of IN State Road 49 and County Road 950 North. South of the Toll Road.

Construction Materials

Cedar: Yes
Frame: Yes

Cooling

Central Air: Yes

Electric

100 Amp Service: Yes
150 Amp Service: Yes
200+ Amp Service: Yes

Flooring

Carpet: Yes
Concrete: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Parking Features

Private: Yes

Road Frontage Type

State Road: Yes

Roof

Composition: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Private Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes

Water Source

Private: Yes
Well: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Tenant Pays

None: Yes

Current Use

Office: Yes
Retail: Yes

Possible Use

Commercial: Yes
Medical/Dental: Yes
Mixed Use: Yes
Office: Yes
Retail: Yes

Rail Availability

None: Yes

Listing Office: Century 21 Alliance Group

Last Updated: June - 19 - 2024

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