14785 W 101st Avenue, Dyer, IN 46311
$2,145,000
Property Type:
Commercial Sale
Square Footage:
32,000
Lot Size (sq. ft.):
129,809
Status:
Closed
Current Price:
$2,145,000
List Date:
4/06/2020
Last Modified:
6/19/2024
Overview
Description
Listing Details MLS# 472704
General Property Information
- Living Area
- 32000
- Building Area Source
- Owner
- Accessibility Features YN
- Yes
- Year Built
- 2006
- Lot Size Acres
- 2.98
- Lot Size Square Feet
- 129809
- Lot Size Dimensions
- 282 x 476
- Waterfront YN
- No
- Stories
- 2
- Builder Name
- PBS
Property Features
Building Features:
Acoustical Ceiling(s); Business District Location; Enclosed Stair(s); Exposed Under Roof Ceiling(s); Exterior Lighting; Inside Corridor(s); Multi Tenant; Office Park Location; Passenger Elevator(s); Suspended Ceiling(s)
Construction Materials:
Block; Brick; Frame; Stone
Cooling:
Central Air
Current Use:
Medical/Dental; Office; Retail
Electric:
200+ Amp Service; Circuit Breakers; Separate Meters
Flooring:
Carpet; Concrete; Tile; Varies
Foundation Details:
Concrete Perimeter
Heating:
Ceiling; Forced Air
Interior Features:
Elevator; High Speed Internet
Listing Terms:
Cash; Conventional
Parking Features:
Common; Lighted; Open; Paved
Possession:
Close Of Escrow
Possible Use:
Commercial; Medical/Dental; Place of Worship; Recreational; Retail; Other
Rail Availability:
None
Road Frontage Type:
County Road
Roof:
Flat; Metal; Rubber
Security Features:
Fire Escape; Security Lights; Smoke Detector(s)
Sewer:
Private Sewer
Tenant Pays:
Gas
Utilities:
Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected
Water Source:
Private; Shared Well; Well
Showing Requirements:
24 Hour Notice; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 2285000
- Property Sub Type
- Retail
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Canaan LLC
- Occupant Type
- Tenant
- Occupant Name
- Varies
Location Tax and Legal
- Street Number
- 14785
- Street Direction Prefix
- W
- Street Name
- 101st
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46311
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Calling all Investors/Owner Occupants, this wonderful 2 Story building is now for sale and is located just minutes to the Illinois border. The Sellers are currently finishing plans for a new front entrance which will provide access to the first and second floor via the exterior. The exterior also had some major updates over the past few months which include a Brand New Roof, HVAC Units, Landscaping & Sealed Parking Lot. The building is just over 32,000 Sq.Ft. and comes a little over half occupied with new potential Tenants on hand. The main floor currently has 3 Tenants in place (Color Room, She Fit, and Advanced Animal Medical) and leaves 2,611 Sq.Ft. available with a drive-thru. The second floor hosts Jagmin Dental and leaves just over 13,000 SqFt. of available raw space. The building currently offers a 7.7% CAP and has the potential of over 14% once stabilized. Located in the heart of tons of Commercial and Residential Development. Serious inquiries only and call for details.
Status Change Information
- Major Change Timestamp
- 2021-01-08T12:52:52Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-01-08
- Offer Acceptance Date
- 2020-12-15
- Close Date
- 2021-01-08
- Close Price
- 2145000
- Concessions
- Yes
- Buyer Financing
- Conventional
More Information
Building Features
- Building Dimensions
- 75 x 220
- Clear Ceiling Height
- 10'
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Electric Expense
- 4751
- Expense Year
- 2019
- Gross Scheduled Income
- 299172
- Insurance Expense
- 6453
- Maintenance Expense
- 6000
- Net Operating Income
- 176454
- New Taxes Expense
- 47875
- Professional Management Expense
- 10000
- Supplies Expense
- 2007
- Total Actual Rent
- 299172
- Trash Expense
- 2400
- Water Expense
- 13200
Showing Requirements
- Showing Instructions
- Call Listing Agent for access.
Historical Information
- Public Historical Remarks
- Utilities: On, Frontage Access: Public Road, Roof Structure: Steel Joist, Fire Protect: Fire Extinguishers
Listing Office:
BHHS Executive Realty
Last Updated: June - 19 - 2024
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