334-350 W 84th Drive, Merrillville, IN 46410
$750,000
Property Type:
Commercial Sale
Square Footage:
5,760
Lot Size (sq. ft.):
50,573
Status:
Closed
Current Price:
$750,000
List Date:
1/01/2024
Last Modified:
4/24/2024
Overview
Description
Listing Details MLS# 543380
General Property Information
- Number Of Units Total
- 2
- Living Area
- 5760
- Building Area Source
- Assessor
- Year Built
- 1998
- Parking Total
- 30
- Lot Size Acres
- 1.161
- Lot Size Square Feet
- 50573
- Lot Size Source
- Assessor
- Lot Size Dimensions
- 125 x 404.5
- Basement YN
- No
- Stories
- 0
Property Features
Building Features:
Acoustical Ceiling(s); Business District Location; Lunch Room; Meeting Room; Multi Tenant; Other
Construction Materials:
Block; Brick
Cooling:
Central Air
Current Use:
Office
Electric:
100 Amp Service
Flooring:
Carpet; Concrete; Vinyl
Foundation Details:
Concrete Perimeter
Heating:
Ceiling; Hot Water; Natural Gas
Interior Features:
Elevator
Listing Terms:
Contract
Parking Features:
Common
Possession:
Close Of Escrow
Possible Use:
Commercial; Medical/Dental; Office
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Flat; Other
Utilities:
Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 850400
- Property Sub Type
- Office
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Liberty Title
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 334-350
- Street Direction Prefix
- W
- Street Name
- 84th
- Street Suffix
- Drive
- County
- Lake
- State
- IN
- Postal Code
- 46410
- Subdivision Name
- Davis Add
Remarks and Miscellaneous
- Public Remarks
- Well maintained office building in an attractive commercial setting. Two suites: the 350 suite is currently leased. Available suite is 3360 square feet with section offices, open area, and conference room. 3-phase electrical is available for those users needing additional power. Good for investor or owner/occupant.
Status Change Information
- Major Change Timestamp
- 2024-04-24T18:56:40Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2024-04-24
- Offer Acceptance Date
- 2024-02-26
- Close Date
- 2024-04-24
- Close Price
- 750000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Expense Year
- 2023
- Gross Scheduled Income
- 79700
- Insurance Expense
- 3305
- Net Operating Income
- 51106
- New Taxes Expense
- 13860
- Total Actual Rent
- 79700
- Trash Expense
- 2120
- Water Expense
- 365
- 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
- 24 Hr. Notice. Agent must Accompany.
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 6246
- School District
- Merrillville
- Tax Annual Amount
- 13860
- Tax Year
- 2022
- Tax Legal Description
- Legal Description: DAVIS ADDITION LOT D-2
- Parcel Number
- 451221476007000030
- Township
- Ross
- Directions
- From S. on Broadway to 84th, turn right to property.
Construction Materials
- Block
- Yes
- Brick
- Yes
Cooling
- Central Air
- Yes
Electric
- 100 Amp Service
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
- Vinyl
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Ceiling
- Yes
- Hot Water
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Contract
- Yes
Parking Features
- Common
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Flat
- Yes
- Other
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Current Use
- Office
- Yes
Possible Use
- Commercial
- Yes
- Medical/Dental
- Yes
- Office
- Yes
Building Features
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Lunch Room
- Yes
- Meeting Room
- Yes
- Multi Tenant
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
McColly Real Estate
Last Updated: April - 24 - 2024
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