12712 Us-41 Avenue, Cedar Lake, IN 46303

$810,000
Property Type: Commercial Sale Square Footage: 4,952 Lot Size (sq. ft.): 31,886 Status: Closed
Current Price: $810,000 List Date: 9/17/2024 Last Modified: 12/21/2024

Overview

Description

A Prime Commercial location on U.S. Hwy 41 in Cedar Lake, IN with a Traffic Count of ~20,000 vehicles per day. This 4,952 SF brick structure on 0.73 AC with Commercial Zoning is perfect for Professional or Medical offices, or an Expansive List of Retail Uses too numerous to mention. Built in 2010 and meticulously maintained, architecturally attractive inside and out with a combination of direct and indirect lighting designer finishes. The available Units A and B each offer 1100 Sf that are easily combined to be a single 2200 SF Space for either an owner/user or additional rental income. The existing Tenant has ~five years remaining on their Lease (details with signed non-disclosure). Parking for 40 vehicles. A current floor plan is also in the documents.

Listing Details MLS# 810200

General Property Information

Number Of Units Total
3
Living Area
4952
Building Area Source
Assessor
Year Built
2010
Parking Total
38
Lot Size Acres
0.732
Lot Size Square Feet
31886
Lot Size Source
Assessor
Lot Size Dimensions
135' x 235'
Basement YN
No

Property Features

Building Features: Acoustical Ceiling(s); Enclosed Stair(s); Exterior Lighting; Lunch Room; Multi Tenant; Private Restrooms; Public Restrooms; Suspended Ceiling(s) Construction Materials: Brick Cooling: Central Air; Zoned Current Use: Medical/Dental; Vacant Electric: 440 Volts Exterior Features: Lighting; Private Entrance; Rain Gutters Fencing: None Flooring: Varies Foundation Details: Concrete Perimeter; Slab Heating: Central; Forced Air; Natural Gas; Zoned Interior Features: Eat-in Kitchen; Entrance Foyer Listing Terms: Cash; Conventional Lot Features: Level; Rectangular Lot Owner Pays: Exterior Maintenance; Snow Removal; Water Parking Features: Asphalt; Lighted; Off Street; On Site; Parking Lot; Paved; Unassigned Possession: Close Of Escrow; Subject To Tenant Rights Possible Use: Commercial; Investment; Office; Retail Rail Availability: None Road Frontage Type: Highway Roof: Fiberglass Security Features: Security System Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: All Utilities Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Well Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany; No Lockbox; Restricted Hours

Contract Information

Auction YN
No
Original List Price
825000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Owner Name
12712 Wicker LLC
Occupant Type
Tenant

Location Tax and Legal

Street Number
12712
Street Name
Us-41
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46303
Subdivision Name
Henns Add Ph 1

Remarks and Miscellaneous

Public Remarks
A Prime Commercial location on U.S. Hwy 41 in Cedar Lake, IN with a Traffic Count of ~20,000 vehicles per day. This 4,952 SF brick structure on 0.73 AC with Commercial Zoning is perfect for Professional or Medical offices, or an Expansive List of Retail Uses too numerous to mention. Built in 2010 and meticulously maintained, architecturally attractive inside and out with a combination of direct and indirect lighting designer finishes. The available Units A and B each offer 1100 Sf that are easily combined to be a single 2200 SF Space for either an owner/user or additional rental income. The existing Tenant has ~five years remaining on their Lease (details with signed non-disclosure). Parking for 40 vehicles. A current floor plan is also in the documents.

Status Change Information

Major Change Timestamp
2024-12-21T18:24:19Z
Major Change Type
Status Change
Status Change Timestamp
2024-12-21
Offer Acceptance Date
2024-10-25
Close Date
2024-12-20
Close Price
810000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
No

Frontage Type

Frontage Length
135'

Public Survey Details

Public Survey Township
Hanover
Listing Office: McColly Real Estate
Last Updated: December - 21 - 2024
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