2327 45th Street, Highland, IN 46322
$1,100,000
Property Type:
Commercial Sale
Square Footage:
4,472
Lot Size (sq. ft.):
21,736
Status:
Active
Current Price:
$1,100,000
List Date:
1/31/2024
Last Modified:
4/16/2026
Overview
Description
Listing Details MLS# 544452
General Property Information
- Number Of Units Total
- 2
- Living Area
- 4472
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1992
- Parking Total
- 15
- Lot Size Acres
- 0.499
- Lot Size Square Feet
- 21736.44
- Lot Size Source
- Assessor
- Lot Size Dimensions
- 87x250
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- Yes
Property Features
Basement:
Finished; Full
Building Features:
Acoustical Ceiling(s); Business District Location; Sheet Rock Ceiling(s); Wood Panel Ceiling(s); Other
Community Features:
Curbs; Street Lights
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
Medical/Dental; Office
Electric:
Circuit Breakers
Fencing:
None
Flooring:
Carpet; Vinyl; Other
Foundation Details:
Concrete Perimeter
Heating:
Central
Interior Features:
High Ceilings
Listing Terms:
Cash; Conventional
Lot Features:
Landscaped; Rectangular Lot
Owner Pays:
Exterior Maintenance; Grounds Care; Insurance; Roof Maintenance; Snow Removal; Taxes
Parking Features:
Asphalt; Attached; Paved
Possession:
Negotiable; Subject To Tenant Rights
Possible Use:
Medical/Dental; Office
Rail Availability:
None
Road Frontage Type:
City Street; State Road
Security Features:
Other
Sewer:
Public Sewer
Tenant Pays:
Gas; Hot Water; Trash Collection; Water
Utilities:
Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected
View:
Neighborhood
Water Source:
Public
Showing Requirements:
24 Hour Notice; Appointment Only; Listing Agent Must Accompany; No Sign; Restricted Hours; Showing Service
Contract Information
- Auction YN
- No
- Original List Price
- 1100000
- Property Sub Type
- Office
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 2327
- Street Name
- 45th
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46322
- Subdivision Name
- George Korczak Add
Remarks and Miscellaneous
- Public Remarks
- All brick professional building. Very well built with ample parking in front and rear of building. Currently being rented as dental office. Tenant has long term lease and is a very solid tenant. Rear of building has smaller office space, which is currently rented. This building also boasts several upgraded private offices, basement area with full kitchen and employee cafe. This is a great investment opportunity as the building runs itself.
Status Change Information
- Major Change Timestamp
- 2024-01-31T22:17:54Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2024-01-31
More Information
Building Features
- Building Dimensions
- 43x104
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Sheet Rock Ceiling(s)
- Yes
- Wood Panel Ceiling(s)
- Yes
- Other
- Yes
Exemption Information
- Exemption YN
- N
Frontage Type
- Frontage Length
- 87
Income and Expenses
- Expense Year
- 2022
- Gross Income
- 87372
- Gross Scheduled Income
- 87372
- Insurance Expense
- 4078
- Maintenance Expense
- 3000
- Net Operating Income
- 66577
- New Taxes Expense
- 13717
- Total Actual Rent
- 87372
- Cable TV Expense
- 0
- Electric Expense
- 0
- Fuel Expense
- 0
- Gardener Expense
- 0
- Licenses Expense
- 0
- Manager Expense
- 0
- Operating Expense
- 0
- Other Expense
- 0
- Pest Control Expense
- 0
- Pool Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- 24hr notice preferred (no same day), Showing Assist
- 24 Hour Notice
- Yes
- Appointment Only
- Yes
- Listing Agent Must Accompany
- Yes
- No Sign
- Yes
- Restricted Hours
- Yes
- Showing Service
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Roof Structure: HIP, Utilities: Storm Sewer Avail.
Location, Tax, and Legal
- Postal Code +4
- 2602
- Tax Annual Amount
- 15131
- Tax Year
- 2025
- Tax Legal Description
- Legal Description: GEORGE KORCZAK LOT 1 EX. PT. OF S.9.3FT IN R/W
- Parcel Number
- 450729477007000026
- Township
- North
- Directions
- Indpls Blvd to 45th Ave, West to address on North side.
- Cross Street
- Indpls Blvd
Basement
- Finished
- Yes
- Full
- Yes
Community Features
- Curbs
- Yes
- Street Lights
- Yes
Construction Materials
- Brick
- Yes
Cooling
- Central Air
- Yes
Electric
- Circuit Breakers
- Yes
Fencing
- None
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
- Other
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Central
- Yes
Interior Features
- High Ceilings
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Landscaped
- Yes
- Rectangular Lot
- Yes
Parking Features
- Asphalt
- Yes
- Attached
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
- Subject To Tenant Rights
- Yes
Road Frontage Type
- City Street
- Yes
- State Road
- Yes
Security Features
- Other
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
View
- Neighborhood
- Yes
Water Source
- Public
- Yes
Owner Pays
- Exterior Maintenance
- Yes
- Grounds Care
- Yes
- Insurance
- Yes
- Roof Maintenance
- Yes
- Snow Removal
- Yes
- Taxes
- Yes
Tenant Pays
- Gas
- Yes
- Hot Water
- Yes
- Trash Collection
- Yes
- Water
- Yes
Current Use
- Medical/Dental
- Yes
- Office
- Yes
Possible Use
- Medical/Dental
- Yes
- Office
- Yes
Rail Availability
- None
- Yes
Listing Office:
McColly Real Estate
Last Updated: April - 16 - 2026
Broker Attribution:
tjboyle2300@yahoo.com
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