312 HWY 20 W, Michigan City, IN 46360

$650,000
Property Type: Commercial Sale Square Footage: 7,126 Lot Size (sq. ft.): 80,586 Status: Closed
Current Price: $650,000 List Date: 11/11/2019 Last Modified: 6/19/2024

Overview

Description

High traffic location on Hwy. 20 directly in front of the new Kohl's and across from Marquette Mall.Building has 7,126 square feet and the lot is 1.85 acres with plenty of parking available. Presently leased for $9.26 per sq ft NNN. New owner can get possession if desired.Property extends well in to the Kohl Mall property.

Listing Details MLS# 465995

General Property Information

Living Area
7126
Building Area Source
Assessor
Year Built
1970
Lot Size Acres
1.85
Lot Size Square Feet
80586
Lot Size Dimensions
1.85 AC
Waterfront YN
No

Property Features

Building Features: Acoustical Ceiling(s); Business District Location; Exterior Lighting; Out Lot; Public Restrooms; Sheet Rock Ceiling(s); Strip Mall Location; Suspended Ceiling(s) Construction Materials: Frame; Stucco; Other Cooling: Central Air; Exhaust Fan Current Use: Commercial Electric: 200+ Amp Service Flooring: Carpet Foundation Details: Block Heating: Central; Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Open; Paved Possession: Close Of Escrow Possible Use: Automotive; Commercial; Medical/Dental; Mixed Use; Office; Recreational; Retail; Other Rail Availability: None Road Frontage Type: Highway; Other Roof: Composition; Other Security Features: Fire Alarm; Fire Sprinkler System; Security Lights Tenant Pays: Gas Utilities: Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
695000
Property Sub Type
Retail
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
312
Street Name
HWY 20
Street Direction Suffix
W
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
High traffic location on Hwy. 20 directly in front of the new Kohl's and across from Marquette Mall.Building has 7,126 square feet and the lot is 1.85 acres with plenty of parking available. Presently leased for $9.26 per sq ft NNN. New owner can get possession if desired.Property extends well in to the Kohl Mall property.

Status Change Information

Major Change Timestamp
2020-06-03T12:33:48Z
Major Change Type
Status Change
Status Change Timestamp
2020-06-03
Offer Acceptance Date
2020-05-26
Close Date
2020-06-03
Close Price
650000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
10563

Showing Requirements

Showing Instructions
Must call Listing Agent, 219-608-0328

Historical Information

Public Historical Remarks
Utilities: On, Parking: Public Parking, Roof Structure: Gable
Listing Office: LaPorte County Realty, Inc.
Last Updated: June - 19 - 2024
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