1625 E Hwy 12, Michigan City, IN 46360
$895,000
Property Type:
Commercial Sale
Square Footage:
72,062
Lot Size (sq. ft.):
479,160
Status:
Closed
Current Price:
$895,000
List Date:
11/25/2013
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 340672
General Property Information
- Living Area
- 72062
- Building Area Source
- Builder
- Year Built
- 1962
- Lot Size Acres
- 11
- Lot Size Square Feet
- 479160
- Lot Size Dimensions
- 11 Acres
- Waterfront YN
- No
- Stories
- Yes
Property Features
Building Features:
Balcony; Business District Location; Common Dock(s); Exposed Under Roof Ceiling(s); Exterior Lighting; Lunch Room; Meeting Room; Private Restrooms; Public Restrooms
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
Investment
Electric:
Circuit Breakers
Flooring:
Carpet; Concrete
Foundation Details:
See Remarks
Heating:
Ceiling; Forced Air; Hot Water; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Gated; Lighted; Paved
Possible Use:
Industrial
Rail Availability:
None
Road Frontage Type:
Highway
Roof:
Flat; Rubber
Security Features:
Fire Alarm; Security Gate; Security Guard; Security Lights; Security System
Tenant Pays:
Gas; Water
Utilities:
Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 1100000
- Property Sub Type
- Industrial
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 1625
- Street Direction Prefix
- E
- Street Name
- Hwy 12
- County
- La Porte
- State
- IN
- Postal Code
- 46360
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Remarkable 72062 square foot building on Hwy 12, presently leased by Sullair Corp. There are 11 fenced acres with a guard shed and security lighting. There is a 1,200 square foot pallet storage building and a 6,600 square foot Tent storage building. Open span, 22 foot ceilings, 4 loading docks... Very well maintained building. 8 year old rubber roof. Generator is Not included in sale of property.This facility is a great investment for the present, and even better when the present lessee vacates the facility.Many options await the new owners.
Status Change Information
- Major Change Timestamp
- 2024-02-18T02:02:10Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2024-02-18T02:02:10Z
- Status Change Timestamp
- 2015-10-15
- Offer Acceptance Date
- 2015-09-25
- Close Date
- 2015-10-15
- Close Price
- 895000
- Buyer Financing
- Conventional
More Information
Building Features
- Clear Ceiling Height
- 22 feet
- Balcony
- Yes
- Business District Location
- Yes
- Common Dock(s)
- Yes
- Exposed Under Roof Ceiling(s)
- Yes
- Exterior Lighting
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
Exemption Information
- Exemption YN
- Y
Income and Expenses
- New Taxes Expense
- 30201
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 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
- Call Listing office for appointment
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Office Sq. Ft.:
Location, Tax, and Legal
- Tax Legal Description
- Legal Description: PCE in N. PT. E1/2, NE1/4, S28, T38, R4
- Parcel Number
- 460128226008000022
- Township
- Michigan
- Directions
- 1/2 mile east of Blue Chip Casino.
Construction Materials
- Brick
- Yes
Cooling
- Central Air
- Yes
Electric
- Circuit Breakers
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
Foundation Details
- See Remarks
- Yes
Heating
- Ceiling
- Yes
- Forced Air
- Yes
- Hot Water
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Gated
- Yes
- Lighted
- Yes
- Paved
- Yes
Road Frontage Type
- Highway
- Yes
Roof
- Flat
- Yes
- Rubber
- Yes
Security Features
- Fire Alarm
- Yes
- Security Gate
- Yes
- Security Guard
- Yes
- Security Lights
- Yes
- Security System
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- Gas
- Yes
- Water
- Yes
Current Use
- Investment
- Yes
Possible Use
- Industrial
- Yes
Rail Availability
- None
- Yes
Listing Office:
Century 21 Circle
Last Updated: February - 24 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.