1302 W Lincoln Highway, Schererville, IN 46375 (MLS# 813187)

1302 W Lincoln Highway, Schererville, IN 46375

$555,000

Property Type: Commercial Sale Square Footage: 3,200 Lot Size (sq. ft.): 30,056 Status: Closed

Current Price: $555,000 List Date: 11/20/2024 Last Modified: 8/04/2025

Overview

Description

Commercial Opportunity on the Highly traveled highway Rt30 the Crossroads of America, near IN/IL border and 1/2 mile away from Rt 41. 100ft of road frontage giving direct access onto Indiana Highway Route 30. Currently usage is a Auto Transmission Repair shop. This Commercial Zoned location offers a prime opportunity for entrepreneurs to do business upon. Built in 2006, this well maintained 3200 Sq. Ft building with a large paved parking lot boasts a generous footprint and a modern, efficient layout. Business Signage located on the property is included. Amenities include: 5 overhead doors and 5 auto lifts w/17' ceiling overhead the main shop area sloping down to 14' in rear of building. , 2 offices, 1 customer waiting room and 2 bathrooms. Lake Michigan city water and city sewers. Natural gas heating system, NIPSCO.. US Rt 30 nearby Illinois border Highway 394 and Highway 41. Mechanics room 2 electric panels and furnace. Large storage, parts room tall ceiling. Floorplan atta ... (Read more)

Listing Details MLS# 813187

General Property Information

Number Of Units Total: Yes
Living Area: 3200
Building Area Source: Assessor
Accessibility Features YN: Yes
Year Built: 2006
Parking Total: 40
Lot Size Acres: 0.69
Lot Size Square Feet: 30056
Lot Size Source: Assessor
Lot Size Dimensions: 100x255.9x131.10x262.28
Waterfront YN: No
Basement YN: No
Stories: Yes

Property Features

Accessibility Features: Accessible Doors Appliances: Water Heater Building Features: Exterior Lighting; Hoist; Hydraulic Lift; Open Dock(s); Private Restrooms; Public Restrooms Business Type: Auto Service; Retail; Other Community Features: Restaurant; Street Lights; Other Construction Materials: Aluminum Siding; Other Cooling: Other Current Use: Automotive; Commercial; Parking Lot; Retail Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Private Yard; Storage Fencing: Back Yard; Fenced; Wood Flooring: Concrete; Linoleum Foundation Details: Block Frontage Type: Other Heating: Natural Gas Interior Features: Entrance Foyer; High Ceilings; Laminate Counters; Vaulted Ceiling(s) Laundry Features: Sink Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Back Yard; Front Yard; Near Public Transit; Paved Owner Pays: All Utilities; Electricity; Gas; Insurance; Sewer; Taxes; Trash Collection Parking Features: Asphalt; Driveway; Paved Possession: Close Of Escrow Possible Use: Automotive; Commercial; Industrial; Investment; Retail Rail Availability: Mainline Road Frontage Type: Highway; Interstate; State Road Security Features: Carbon Monoxide Detector(s); Fire Alarm; Security System; Smoke Detector(s) Sewer: Public Sewer Special Licenses: Other Tenant Pays: None Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Lockbox

Contract Information

Auction YN: No
Original List Price: 800000
Property Sub Type: Retail
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: No
Occupant Type: Vacant

Location Tax and Legal

Street Number: 1302
Street Direction Prefix: W
Street Name: Lincoln
Street Suffix: Highway
County: Lake
State: IN
Postal Code: 46375
Subdivision Name: Cory Development

Remarks and Miscellaneous

Public Remarks: Commercial Opportunity on the Highly traveled highway Rt30 the Crossroads of America, near IN/IL border and 1/2 mile away from Rt 41. 100ft of road frontage giving direct access onto Indiana Highway Route 30. Currently usage is a Auto Transmission Repair shop. This Commercial Zoned location offers a prime opportunity for entrepreneurs to do business upon. Built in 2006, this well maintained 3200 Sq. Ft building with a large paved parking lot boasts a generous footprint and a modern, efficient layout. Business Signage located on the property is included. Amenities include: 5 overhead doors and 5 auto lifts w/17' ceiling overhead the main shop area sloping down to 14' in rear of building. , 2 offices, 1 customer waiting room and 2 bathrooms. Lake Michigan city water and city sewers. Natural gas heating system, NIPSCO.. US Rt 30 nearby Illinois border Highway 394 and Highway 41. Mechanics room 2 electric panels and furnace. Large storage, parts room tall ceiling. Floorplan attached. Exterior is bock and Metal Siding. The property benefits from exceptional visibility and easy access, ensuring a steady stream of potential customers with traffic count almost 40k cars per day. With its solid construction, convenient location, and ample space it is the perfect choice for anyone looking to capitalize on the thriving automotive industry or more in Northwest Indiana. Additionally, the property is located within close proximity to the vibrant communities of St. John and Dyer, offering a diverse range of housing options for potential employees. With easy access to transportation, amenities, shopping, dining and residential areas. Looking to establish a presence in the dynamic Northwest Indiana market then this is a must see property.

Status Change Information

Major Change Timestamp: 2025-08-04T20:57:03Z
Major Change Type: Status Change
Price Change Timestamp: 2025-03-26T13:42:53Z
Status Change Timestamp: 2025-08-04
Offer Acceptance Date: 2025-06-03
Close Date: 2025-08-04
Close Price: 555000
Concessions: No
Buyer Financing: Cash

More Information

Building Features

Building Dimensions: 40x82
Number of Offices: 2
Overhead Doors: 5
Exterior Lighting: Yes
Hoist: Yes
Hydraulic Lift: Yes
Open Dock(s): Yes
Private Restrooms: Yes
Public Restrooms: Yes

Exemption Information

Exemption YN: No

Frontage Type

Frontage Length: 100
Other: Yes

Income and Expenses

New Taxes Expense: 10833

Showing Requirements

Showing Instructions: Go and show. Sentri lockbox on front door. Use showing assist
24 Hour Notice: Yes
Appointment Only: Yes
Lockbox: Yes

Location, Tax, and Legal

Tax Annual Amount: 10883.62
Tax Year: 2023
Tax Legal Description: Cory Development Lot 1
Parcel Number: 451117126013000036
Additional Parcels YN: No
Zoning Description: Commercial
Township: St. John
Directions: From Ill heading east on rt 30 to property on side of rt 30. From hwy 41 to rt 30 west to property on N side of road.

Accessibility Features

Accessible Doors: Yes

Appliances

Water Heater: Yes

Community Features

Restaurant: Yes
Street Lights: Yes
Other: Yes

Construction Materials

Aluminum Siding: Yes
Other: Yes

Cooling

Other: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Exterior Features

Private Yard: Yes
Storage: Yes

Fencing

Back Yard: Yes
Fenced: Yes
Wood: Yes

Flooring

Concrete: Yes
Linoleum: Yes

Foundation Details

Block: Yes

Heating

Natural Gas: Yes

Interior Features

Entrance Foyer: Yes
High Ceilings: Yes
Laminate Counters: Yes
Vaulted Ceiling(s): Yes

Laundry Features

Sink: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

SentriLock: Yes

Lot Features

Back Yard: Yes
Front Yard: Yes
Near Public Transit: Yes
Paved: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

Highway: Yes
Interstate: Yes
State Road: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Fire Alarm: Yes
Security System: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

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

View

City: Yes

Water Source

Public: Yes

Owner Pays

All Utilities: Yes
Electricity: Yes
Gas: Yes
Insurance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes

Tenant Pays

None: Yes

Current Use

Automotive: Yes
Commercial: Yes
Parking Lot: Yes
Retail: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Industrial: Yes
Investment: Yes
Retail: Yes

Business Type

Auto Service: Yes
Retail: Yes
Other: Yes

Rail Availability

Mainline: Yes

Special Licenses

Other: Yes

Listing Office: Coldwell Banker Realty

Last Updated: August - 04 - 2025

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