3801 E Lincoln, Merrillville, IN 46410
$900,000
Property Type:
Commercial Sale
Square Footage:
11,974
Lot Size (sq. ft.):
78,408
Status:
Closed
Current Price:
$900,000
List Date:
3/01/2022
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 508242
General Property Information
- Living Area
- 11974
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1978
- Lot Size Acres
- 1.8
- Lot Size Square Feet
- 78408
- Lot Size Dimensions
- 102.17 x 469
- Waterfront YN
- No
- Stories
- 2
Property Features
Building Features:
Acoustical Ceiling(s); Business District Location; Common Dock(s); Mixed Use; Open Dock(s); Public Restrooms; Other
Construction Materials:
Block
Current Use:
Mixed Use
Flooring:
Carpet; Concrete; Tile
Foundation Details:
Block
Heating:
Forced Air
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Assigned; Common; Open; Paved
Possession:
Close Of Escrow
Possible Use:
Commercial; Medical/Dental; Mixed Use; Retail; Warehouse
Rail Availability:
None
Road Frontage Type:
State Road
Roof:
Flat; Mixed
Security Features:
Fire Alarm; Security System
Tenant Pays:
None
Utilities:
Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 999000
- Property Sub Type
- Retail
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 3801
- Street Direction Prefix
- E
- Street Name
- Lincoln
- County
- Lake
- State
- IN
- Postal Code
- 46410
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- Excellent Opportunity on this Free-Standing, Highly-Visible, Multi-Use Property on US 30 only 1.5 miles East of I-65 complete with Large Sign and an Electronic Reader Board. Almost 12,000SF Total with Open Concept Front Floor Plan Remodeled in 2014, with Public Restrooms and Office. Very Large Unfinished Rear Area with Upper Level Office that Overlooks Entire Rear, 8 x12 Overhead Door to Side Parking Lot and another that Accesses the Front Finished Area. Roof on Front Building Replaced in 2019, Rear Building replaced in 2021. Loads of Parking in Front and Rear totaling 125 spaces. This 1.8 Acre Property is in a Premium Location with Very High Traffic Counts and is very close to Southlake Mall, Shopping and Industrial Parks. Available Today!
Status Change Information
- Major Change Timestamp
- 2022-07-07T11:56:08Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-07-07
- Offer Acceptance Date
- 2022-06-18
- Close Date
- 2022-07-07
- Close Price
- 900000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Building Features
- Building Dimensions
- 132 x 122
- Overhead Doors
- Yes
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Common Dock(s)
- Yes
- Mixed Use
- Yes
- Open Dock(s)
- Yes
- Public Restrooms
- Yes
- Other
- Yes
Exemption Information
- Exemption YN
- Y
Frontage Type
- Frontage Length
- 102.17
Income and Expenses
- New Taxes Expense
- 23816
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Use Showing Assist. 24 hour notice please. Alarm
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Air Cond/Ventilation: Office Only, Frontage Access: Frontage Road
Location, Tax, and Legal
- Postal Code +4
- 5809
- Tax Legal Description
- Legal Description: E182.17FT OF W1286.09FT OF N469.0FT OF SW1/4 OF S.24 T.35 R.8 1.97AC TOTAL (0.17
- Parcel Number
- 451224302005000046
- Township
- Ross
- Directions
- I-65 to US Hwy 30/Lincoln Hwy., East approx. 1.5 miles. Building on right off frontage road. Current signage-Chicago Home Fitness
- Cross Street
- Utah St.
Construction Materials
- Block
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
- Tile
- Yes
Foundation Details
- Block
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Assigned
- Yes
- Common
- Yes
- Open
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- State Road
- Yes
Roof
- Flat
- Yes
- Mixed
- Yes
Security Features
- Fire Alarm
- Yes
- Security System
- Yes
Utilities
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- None
- Yes
Current Use
- Mixed Use
- Yes
Possible Use
- Commercial
- Yes
- Medical/Dental
- Yes
- Mixed Use
- Yes
- Retail
- Yes
- Warehouse
- Yes
Rail Availability
- None
- Yes
Listing Office:
McColly Real Estate
Last Updated: February - 24 - 2024
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