2023-2029 N Lafayette Court, Griffith, IN 46319 (MLS# 444875)

2023-2029 N Lafayette Court, Griffith, IN 46319

$900,000

Property Type: Commercial Sale Square Footage: 8,296 Lot Size (sq. ft.): 124,146 Status: Closed

Current Price: $900,000 List Date: 10/24/2018 Last Modified: 2/24/2024

Overview

Description

State of the art office building with excellent location & additional land for future expansion. Just South of I-80/94 off St. Rte. 312(Cline), provides strategic access to Chicago area and NW IN. Windows wrap around the entire building, creating natural light & openness. This class A office building features a huge professional conference room which accommodates a 20' conference table, several executive offices, workout facility with showers, 3 large administrative areas, reception area with airlock, kitchen & 3 private bathrooms all protected with a security system. A 25KW Generac generator provides emergency back-up power if necessary. A 2800 square foot utility building(complete with electric) was constructed in 2016 to provide additional storage. The property features an additional 1.46 acre lot which currently serves as a trailer parking lot completely fenced with 2 rolling gates. The lot could also be utilized for future building expansion. Call to see this property today!

Listing Details MLS# 444875

General Property Information

Living Area: 8296
Building Area Source: Appraiser
Accessibility Features YN: Yes
Year Built: 1990
Lot Size Acres: 2.85
Lot Size Square Feet: 124146
Lot Size Dimensions: 420X296
Stories: Yes

Property Features

Building Features: Atrium; Commercial Park Location; Exercise Room; Exterior Lighting; Lunch Room; Meeting Room; Patio; Private Restrooms; Shower/Locker Room; Suspended Ceiling(s); Other Construction Materials: Block; Glass; Steel Siding Cooling: Central Air Current Use: Office Electric: 200+ Amp Service Flooring: Carpet; Concrete; Tile Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Gated; Lighted; Oversized; Paved; Private; Secured Possession: Negotiable Possible Use: Automotive; Commercial; Industrial; Medical/Dental; Office; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Aluminum; Flat; Rubber Security Features: Security Gate; Security Lights; Security System Tenant Pays: None Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Showing Requirements: Appointment Only

Contract Information

Auction YN: No
Original List Price: 1100000
Property Sub Type: Office
Listing Agreement: Exclusive Right To Sell
Occupant Type: Owner

Location Tax and Legal

Street Number: 2023-2029
Street Direction Prefix: N
Street Name: Lafayette
Street Suffix: Court
County: Lake
State: IN
Postal Code: 46319
Subdivision Name: Brant's Business Center

Remarks and Miscellaneous

Public Remarks: State of the art office building with excellent location & additional land for future expansion. Just South of I-80/94 off St. Rte. 312(Cline), provides strategic access to Chicago area and NW IN. Windows wrap around the entire building, creating natural light & openness. This class A office building features a huge professional conference room which accommodates a 20' conference table, several executive offices, workout facility with showers, 3 large administrative areas, reception area with airlock, kitchen & 3 private bathrooms all protected with a security system. A 25KW Generac generator provides emergency back-up power if necessary. A 2800 square foot utility building(complete with electric) was constructed in 2016 to provide additional storage. The property features an additional 1.46 acre lot which currently serves as a trailer parking lot completely fenced with 2 rolling gates. The lot could also be utilized for future building expansion. Call to see this property today!

Status Change Information

Major Change Timestamp: 2019-10-04T12:31:24Z
Major Change Type: Status Change
Status Change Timestamp: 2019-10-04
Offer Acceptance Date: 2019-10-04
Close Date: 2019-10-04
Close Price: 900000
Concessions: No
Buyer Financing: Conventional

More Information

Building Features

Building Dimensions: 78X124
Clear Ceiling Height: 8'
Industrial Park Name: Brant's Business Center
Office SqFt: 8296
Atrium: Yes
Commercial Park Location: Yes
Exercise Room: Yes
Exterior Lighting: Yes
Lunch Room: Yes
Meeting Room: Yes
Patio: Yes
Private Restrooms: Yes
Shower/Locker Room: Yes
Suspended Ceiling(s): Yes
Other: Yes

Exemption Information

Exemption YN: Y

Income and Expenses

New Taxes Expense: 28500
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 broker 48 hours in advance of showing.
Appointment Only: Yes

Historical Information

Public Historical Remarks: Zoning: INDUS, Utilities: On, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4: 1037
Tax Legal Description: Legal Description: BRANT'S BUSINESS CENTER ADDITION BL.3 LOT #5 & BRANT'S BUSINESS CENTER ADDITION BL.3 LOT #6
Parcel Number: 450723327002000006
Zoning Description: Industrial
Township: Calumet
Directions: From Cline Avenue, East on River Drive to North Lafayette Court. On the East Corner of N. Lafayetten and River.
Cross Street: River Drive

Construction Materials

Block: Yes
Glass: Yes
Steel Siding: Yes

Cooling

Central Air: Yes

Electric

200+ Amp Service: Yes

Flooring

Carpet: Yes
Concrete: Yes
Tile: Yes

Foundation Details

Concrete Perimeter: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Parking Features

Gated: Yes
Lighted: Yes
Oversized: Yes
Paved: Yes
Private: Yes
Secured: Yes

Possession

Negotiable: Yes

Road Frontage Type

City Street: Yes

Roof

Aluminum: Yes
Flat: Yes
Rubber: Yes

Security Features

Security Gate: Yes
Security Lights: Yes
Security System: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Tenant Pays

None: Yes

Current Use

Office: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Industrial: Yes
Medical/Dental: Yes
Office: Yes
Warehouse: Yes

Rail Availability

None: Yes

Listing Office: Century 21 Alliance Group

Last Updated: February - 24 - 2024

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