3232 Central Avenue, Lake Station, IN 46405

$480,000
Property Type: Commercial Sale Square Footage: 24,629 Lot Size (sq. ft.): 66,647 Status: Closed
Current Price: $480,000 List Date: 5/02/2024 Last Modified: 1/06/2025

Overview

Description

Here is the opportunity you've been waiting for. Once a well producing grocery store, this one level building has been completely cleaned out and offers a clean slate for any ideas you can dream up. This building offers over 24,000 square feet, has a ceiling height of 17' 6" to the bottom of the decking and 15' 10" to the bottom of the bar joists, and has a solid concrete floor still in tact. There is currently 1 overhead door, a loading dock, and plenty of parking throughout the site. All utilities are on site and ready for redevelopment with this wonderful opportunity.

Listing Details MLS# 803000

General Property Information

Number Of Units Total
Yes
Living Area
24629
Building Area Source
Assessor
Year Built
1973
Parking Total
50
Lot Size Acres
1.53
Lot Size Square Feet
66646.8
Lot Size Source
Assessor
Lot Size Dimensions
396 x 221 x 247 x 129 x 148 x 91
Basement YN
No
Stories
Yes

Property Features

Appliances: None Building Features: Business District Location; Commercial Park Location; Exposed Under Roof Ceiling(s) Community Features: Curbs; Restaurant; Sidewalks; Street Lights Construction Materials: Block; Brick Cooling: None Current Use: Vacant Electric: 200+ Amp Service; Other Exterior Features: Dock; Rain Gutters Fencing: None Flooring: Concrete Foundation Details: Concrete Perimeter Heating: None Interior Features: Attic Stairway; High Ceilings; Open Floorplan Laundry Features: None Listing Terms: Cash; Contract; Conventional Lock Box Information: Combo Lot Features: Open Lot; Paved Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Hot Water; HVAC Maintenance; Insurance; Janitorial Service; Pest Control; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Telephone; Trash Collection; Water Parking Features: Asphalt; Common; On Site; Parking Lot; Paved Possession: Close Of Escrow Possible Use: Commercial; Development; Investment; Mixed Use; Office; Place of Worship; Retail; Subdevelopment Rail Availability: None Road Frontage Type: City Street Roof: Flat; Rubber Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available Water Source: Public Showing Considerations: Electricity Not On; Minimal Interior Lighting; No Exterior Lighting; No Heat Showing Requirements: Appointment Only; Lockbox; Showing Service

Contract Information

Auction YN
No
Historical MLS number
469008
Original List Price
1100000
Property Sub Type
Retail
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Common Interest
None
Owner Name
Petrovski Alexander
Occupant Type
Vacant

Location Tax and Legal

Street Number
3232
Street Name
Central
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46405

Remarks and Miscellaneous

Public Remarks
Here is the opportunity you've been waiting for. Once a well producing grocery store, this one level building has been completely cleaned out and offers a clean slate for any ideas you can dream up. This building offers over 24,000 square feet, has a ceiling height of 17' 6" to the bottom of the decking and 15' 10" to the bottom of the bar joists, and has a solid concrete floor still in tact. There is currently 1 overhead door, a loading dock, and plenty of parking throughout the site. All utilities are on site and ready for redevelopment with this wonderful opportunity.

Status Change Information

Major Change Timestamp
2025-01-06T18:04:25Z
Major Change Type
Status Change
Price Change Timestamp
2024-08-07T22:52:25Z
Status Change Timestamp
2025-01-06
Offer Acceptance Date
2024-09-11
Close Date
2025-01-06
Close Price
480000
Concessions
No
Buyer Financing
Cash

More Information

Building Features

Building Dimensions
Irregular
Clear Ceiling Height
17' 6"
Overhead Doors
Yes

Exemption Information

Exemption YN
No

Frontage Type

Frontage Length
247

Showing Requirements

Showing Instructions
Schedule through showing assist. Lockbox code will be given once confirmed.
Listing Office: BHHS Executive Realty
Last Updated: January - 06 - 2025
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