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

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,

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

Exemption Information

Exemption YN
No

Income and Expenses

Insurance Expense
2100
New Taxes Expense
4454

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:
Listing Office: McColly Real Estate
Last Updated: October - 09 - 2025
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