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

Location, Tax, and Legal

Tax Annual Amount
16970
Tax Year
2023
Tax Legal Description
HENN'S ADDITION PHASE ONE LOT 1
Parcel Number
45-15-20-276-013.000-014
Zoning Description
Commercial
Township
Hanover
Directions
US 41 to 127th Pl, go West to first drive going North.
Cross Street
127th Pl
Census Tract
429.04

Construction Materials

Brick
Yes

Cooling

Central Air
Yes
Electric
Yes
Zoned
Yes

Electric

440 Volts
Yes

Exterior Features

Lighting
Yes
Private Entrance
Yes
Rain Gutters
Yes

Fencing

None
Yes

Flooring

Varies
Yes

Foundation Details

Concrete Perimeter
Yes
Slab
Yes

Heating

Central
Yes
Forced Air
Yes
Natural Gas
Yes
Zoned
Yes

Interior Features

Eat-in Kitchen
Yes
Entrance Foyer
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Level
Yes
Rectangular Lot
Yes

Parking Features

Asphalt
Yes
Lighted
Yes
Off Street
Yes
On Site
Yes
Parking Lot
Yes
Paved
Yes
Unassigned
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Road Frontage Type

Highway
Yes

Roof

Fiberglass
Yes

Security Features

Security System
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Well
Yes

Owner Pays

Exterior Maintenance
Yes
Snow Removal
Yes
Water
Yes

Tenant Pays

All Utilities
Yes

Current Use

Medical/Dental
Yes
Vacant
Yes

Possible Use

Commercial
Yes
Investment
Yes
Office
Yes
Retail
Yes

Building Features

Acoustical Ceiling(s)
Yes
Enclosed Stair(s)
Yes
Exterior Lighting
Yes
Lunch Room
Yes
Multi Tenant
Yes
Private Restrooms
Yes
Public Restrooms
Yes
Suspended Ceiling(s)
Yes

Rail Availability

None
Yes

Showing Requirements

24 Hour Notice
Yes
Listing Agent Must Accompany
Yes
No Lockbox
Yes
Restricted Hours
Yes
Listing Office: McColly Real Estate
Last Updated: December - 21 - 2024
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