3145 45th Avenue, Highland, IN 46322
$972,000
Property Type:
Commercial Sale
Square Footage:
13,148
Lot Size (sq. ft.):
57,935
Status:
Closed
Current Price:
$972,000
List Date:
4/06/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 490691
General Property Information
- Living Area
- 13148
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1979
- Lot Size Acres
- 1.33
- Lot Size Square Feet
- 57935
- Lot Size Dimensions
- 165 X 331
- Stories
- Yes
Property Features
Building Features:
Acoustical Ceiling(s); Business District Location; Exterior Lighting; Inside Corridor(s); Private Restrooms; Public Restrooms
Construction Materials:
Block; Brick; Cedar; Frame
Cooling:
Central Air
Current Use:
Medical/Dental; Office
Electric:
100 Amp Service; 150 Amp Service; 200+ Amp Service; 220 Volts; Circuit Breakers; Separate Meters
Flooring:
Varies
Foundation Details:
Concrete Perimeter
Heating:
Forced Air; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Common; Lighted; Paved
Possession:
Rental Agreement; Subject To Tenant Rights
Possible Use:
Office; Retail
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Mansard; Rubber
Security Features:
Security Lights
Tenant Pays:
Gas
Utilities:
Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected
Showing Requirements:
Appointment Only; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 1029860
- Property Sub Type
- Office
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 3145
- Street Name
- 45th
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46322
- Subdivision Name
- E 165.5 ft of S 661.4 ft of SE SE Ex N 3
Remarks and Miscellaneous
- Public Remarks
- Fully occupied showing a 10% cap rate! Highly visible office / retail mall anchored by Community Healthcare Systems. Super site on busy 45th Avenue between Kennedy Avenue and Cline Avenue. An eclectic group of great tenants including a pediatric Doctor, a logistics firm, a day spa, a home health care business, a barber, a wholistic wellness center, and a building maintenance company. Tenants pay their own gas, electric, and liability insurance. Owner provides water, sewer, and scavenger. Rent roll attached. Ask your agent for a copy. Also listed as multi-unit. More info available in that listing.
Status Change Information
- Major Change Timestamp
- 2022-10-21T11:54:32Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-10-21
- Offer Acceptance Date
- 2022-05-16
- Close Date
- 2022-10-21
- Close Price
- 972000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Building Features
- Building Dimensions
- 76 X 178
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Exterior Lighting
- Yes
- Inside Corridor(s)
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
Exemption Information
- Exemption YN
- N
Income and Expenses
- Expense Year
- 2021
- Gross Scheduled Income
- 133560
- Insurance Expense
- 4472
- Net Operating Income
- 103107
- New Taxes Expense
- 13799
- Total Actual Rent
- 133560
- Trash Expense
- 2138
- Water Expense
- 2308
- Electric Expense
- 0
- Gross Income
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
Showing Requirements
- Showing Instructions
- Weekday showings are best. Most tenants will be there., Call listing agent. At lease a day's notice please.
- Appointment Only
- Yes
- Listing Agent Must Accompany
- Yes
Historical Information
- Public Historical Remarks
- Zoning: BUSO, Utilities: On, Air Cond/Ventilation: Space, Roof Structure: Pitched, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 3291
- Tax Legal Description
- Legal Description: E. 165.50 FT OF S. 661.40 FT OF SE SE EX. N. 310 FT. S.28 T.36 R.9 1.333 AC
- Parcel Number
- 450728481014000026
- Zoning Description
- Business
- Township
- North
- Directions
- North side of 45th Just West of Forrest Stop Light
- Cross Street
- Forrest
Construction Materials
- Block
- Yes
- Brick
- Yes
- Cedar
- Yes
- Frame
- Yes
Cooling
- Central Air
- Yes
Electric
- 100 Amp Service
- Yes
- 150 Amp Service
- Yes
- 200+ Amp Service
- Yes
- 220 Volts
- Yes
- Circuit Breakers
- Yes
- Separate Meters
- Yes
Flooring
- Varies
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Common
- Yes
- Lighted
- Yes
- Paved
- Yes
Possession
- Rental Agreement
- Yes
- Subject To Tenant Rights
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Mansard
- Yes
- Rubber
- Yes
Security Features
- Security Lights
- Yes
Utilities
- Electricity 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
- Gas
- Yes
Current Use
- Medical/Dental
- Yes
- Office
- Yes
Possible Use
- Office
- Yes
- Retail
- Yes
Rail Availability
- None
- Yes
Listing Office:
Weichert, Realtors-Moke Agency
Last Updated: February - 24 - 2024
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