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
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
Exemption Information
- Exemption YN
- No
Frontage Type
- Frontage Length
- 100
Income and Expenses
- New Taxes Expense
- 10833
Showing Requirements
- Showing Instructions
- Go and show. Sentri lockbox on front door. Use showing assist
Listing Office:
Coldwell Banker Realty
Last Updated: August - 04 - 2025
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