13649 Wicker Avenue, Cedar Lake, IN 46303

$6,450,000
Property Type: Commercial Sale Square Footage: 42,400 Lot Size (sq. ft.): 392,040 Status: Closed
Current Price: $6,450,000 List Date: 11/10/2022 Last Modified: 6/19/2024

Overview

Description

SOLD BEFORE PRINT9 acre, 500+ door(s) self storage facility located in a PRIME location with Route 41 frontage in Cedar Lake, IN! Outdoor RV, Boat, Trailer parking in a FULL fenced area with 24 hour access.

Listing Details MLS# 522685

General Property Information

Living Area
42400
Building Area Source
Assessor
Year Built
1987
Lot Size Acres
9
Lot Size Square Feet
392040
Lot Size Dimensions
339X
Stories
Yes

Property Features

Building Features: Commercial Park Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Multi Tenant; Private Restrooms; Suspended Ceiling(s) Construction Materials: Steel Siding Current Use: Mini-Storage Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service Flooring: Concrete; Vinyl Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Common; Oversized; Paved Possession: Close Of Escrow Possible Use: Mini-Storage Rail Availability: None Road Frontage Type: Highway; State Road Roof: Metal Security Features: Security Gate; Security System Utilities: Cable Available; Natural Gas Available; Sewer Connected Water Source: Private; Well

Contract Information

Auction YN
No
Original List Price
6450000
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
13649
Street Name
Wicker
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46303
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
SOLD BEFORE PRINT9 acre, 500+ door(s) self storage facility located in a PRIME location with Route 41 frontage in Cedar Lake, IN! Outdoor RV, Boat, Trailer parking in a FULL fenced area with 24 hour access.

Status Change Information

Major Change Timestamp
2022-11-11T12:57:19Z
Major Change Type
Status Change
Status Change Timestamp
2022-11-11
Offer Acceptance Date
2022-11-10
Close Date
2022-11-11
Close Price
6450000
Concessions
No
Buyer Financing
Conventional

More Information

Building Features

Building Dimensions
40x150 & 30X200
Number of Offices
Yes
Commercial Park Location
Yes
Exposed Under Roof Ceiling(s)
Yes
Exterior Lighting
Yes
Multi Tenant
Yes
Private Restrooms
Yes
Suspended Ceiling(s)
Yes

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
339

Income and Expenses

Electric Expense
3600
Expense Year
2021
Insurance Expense
20000
Net Operating Income
386680
New Taxes Expense
77000
Sewer Expense
720
Gross Income
0
Gross Scheduled Income
0
Maintenance Expense
0
Manager Expense
0
Other Expense
0
Professional Management Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Showing Requirements

Showing Instructions
Contact Katherine Bultema

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Air Cond/Ventilation: Office Only, Roof Structure: Truss, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
9086
Tax Legal Description
Legal Description: PT. OD S.1/2 SW.1/4 NW.1/4 S.28 T.34 R.9 (1060.22X289.16X333.56X50X1332.07X331.9 & NORTH 151.5FT OF WEST 300.37FT X 155.39 X 333.56 OF THE SOUTH 201.5 FT OF SW1/4
Parcel Number
451528157008000014
Zoning Description
Commercial
Township
Hanover
Directions
South on Route 41, Located on East Side of Wicker Avenue just past 133rd Avenue
Cross Street
133rd Avenue

Construction Materials

Steel Siding
Yes

Electric

100 Amp Service
Yes
150 Amp Service
Yes
200+ Amp Service
Yes

Flooring

Concrete
Yes
Vinyl
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Common
Yes
Oversized
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

Highway
Yes
State Road
Yes

Roof

Metal
Yes

Security Features

Security Gate
Yes
Security System
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Connected
Yes

Water Source

Private
Yes
Well
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Current Use

Mini-Storage
Yes

Possible Use

Mini-Storage
Yes

Rail Availability

None
Yes
Listing Office: Compass Indiana, LLC
Last Updated: June - 19 - 2024
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