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13501 Morse Street, Cedar Lake, IN 46303
$585,000
Property Type:
Commercial Sale
Square Footage:
10,000
Lot Size (sq. ft.):
22,599
Status:
Closed
Current Price:
$585,000
List Date:
6/24/2025
Last Modified:
10/09/2025
Overview
Description
Listing Details MLS# 823029
General Property Information
- Number Of Units Total
- Yes
- Living Area
- 10000
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1977
- Parking Total
- 10
- Lot Size Acres
- 0.5188
- Lot Size Square Feet
- 22598.93
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- No
- Stories
- Yes
Property Features
Accessibility Features:
Accessible Doors
Building Features:
Acoustical Ceiling(s); Business District Location; Exterior Lighting; Lunch Room; Mixed Use; Private Restrooms; Suspended Ceiling(s); Other
Business Type:
Mixed; Retail; Warehouse
Construction Materials:
Stone; Other
Cooling:
Central Air; None
Current Use:
Mixed Use; Vacant; Warehouse
Electric:
200+ Amp Service; Circuit Breakers
Exterior Features:
Lighting; Rain Gutters
Flooring:
Concrete; Laminate
Heating:
Forced Air; Natural Gas
Interior Features:
High Ceilings
Listing Terms:
Cash; Conventional
Lock Box Information:
SentriLock
Owner Pays:
None
Parking Features:
Additional Parking; Asphalt; Oversized; Paved
Possession:
Close Of Escrow
Possible Use:
Commercial; Mixed Use; Office; Recreational; Retail; Warehouse; Other
Rail Availability:
None
Roof:
Metal
Security Features:
Security Lights
Sewer:
Public Sewer
Special Licenses:
None
Special Listing Conditions:
None
Tenant Pays:
None
Utilities:
Cable Available; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Well
Contract Information
- Auction YN
- No
- Original List Price
- 639900
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 13501
- Street Name
- Morse
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46303
- Subdivision Name
- Cedar Point Ridge
Remarks and Miscellaneous
- Public Remarks
- Just REDUCED!!! GREAT OPPORTUNITY and high visibility WITH OFFICE AND WAREHOUSE SPACE!!! LOCATED ON THE MAIN TRAFFIC PATTERN AROUND CEDAR LAKE!! This building is CURRENTLY Zoned B1 with 10,000+/- sqft. Retail, office, eatery, entertainment, hobby shop, water sports related business, printing/signs, and any or all small businesses that need or want a large space----THIS IS IT!!!! APPROX 1750 sqft of finished open area and 8000+/- sqft of warehouse/storage all enclosed. Concrete floor in rear WAREHOUSE, DRIVE THROUGH FROM THE FRONT TO BACK OF BUILDING W/overhead doors and new lighting. Recent upgrades to front/side entrance plus the interior: windows, walls, front floor coverings, lighting, painting and trim.Loads of potential uses,
Status Change Information
- Major Change Timestamp
- 2025-10-09T20:52:48Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2025-10-09
- Offer Acceptance Date
- 2025-09-02
- Close Date
- 2025-10-09
- Close Price
- 585000
- Concessions
- Yes
- Buyer Financing
- Conventional
More Information
Building Features
- Building Dimensions
- 60'X 157' APPROX
- Clear Ceiling Height
- 14' + APPROX
- Cranes
- NA
- Industrial Park Name
- None
- Number of Offices
- Yes
- Office SqFt
- 1500
- Overhead Doors
- 4
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Exterior Lighting
- Yes
- Lunch Room
- Yes
- Mixed Use
- Yes
- Private Restrooms
- Yes
- Suspended Ceiling(s)
- Yes
- Other
- Yes
Exemption Information
- Exemption YN
- No
Income and Expenses
- Insurance Expense
- 2100
- New Taxes Expense
- 4454
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 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
- Use showing assist, Show and go
Historical Information
- Public Historical Remarks
- Zoning: BUSO, Utilities: On, Air Cond/Ventilation: Office Only, Frontage Access: Public Road, Roof Structure: Pitched,Truss, Number of Offices: 3+, Office Sq. Ft.:, Overhead Doors:
Location, Tax, and Legal
- Postal Code +4
- 8008
- School District
- Crown Point
- Tax Annual Amount
- 4200
- Tax Year
- 2024
- Tax Legal Description
- Legal Description: CEDAR POINT RIDGE ALL LOTS 1 THRU 8 & VAC. ALLEY ADJ TO LOTS 1 TO 5
- Parcel Number
- Tbd
- Additional Parcels YN
- No
- Zoning Description
- Business
- Township
- Center
- Directions
- RT 41 TURN EAST ON 133RD AVE, CONTINUE AROUND CEDAR LAKE TO MORSE, CONTINUE TO PROPERTY ON EAST SIDE OF ROADWAY.
- Cross Street
- 135th Ave
Accessibility Features
- Accessible Doors
- Yes
Construction Materials
- Stone
- Yes
- Other
- Yes
Cooling
- Central Air
- Yes
- None
- Yes
Electric
- 200+ Amp Service
- Yes
- Circuit Breakers
- Yes
Exterior Features
- Lighting
- Yes
- Rain Gutters
- Yes
Flooring
- Concrete
- Yes
- Laminate
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- High Ceilings
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- SentriLock
- Yes
Parking Features
- Additional Parking
- Yes
- Asphalt
- Yes
- Oversized
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Metal
- Yes
Security Features
- Security Lights
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- None
- Yes
Utilities
- Cable Available
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
Water Source
- Well
- Yes
Owner Pays
- None
- Yes
Tenant Pays
- None
- Yes
Current Use
- Mixed Use
- Yes
- Vacant
- Yes
- Warehouse
- Yes
Possible Use
- Commercial
- Yes
- Mixed Use
- Yes
- Office
- Yes
- Recreational
- Yes
- Retail
- Yes
- Warehouse
- Yes
- Other
- Yes
Business Type
- Mixed
- Yes
- Retail
- Yes
- Warehouse
- Yes
Rail Availability
- None
- Yes
Special Licenses
- None
- Yes
Listing Office:
McColly Real Estate
Last Updated: October - 09 - 2025
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