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

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!

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

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
102.17

Income and Expenses

New Taxes Expense
23816

Showing Requirements

Showing Instructions
Use Showing Assist. 24 hour notice please. Alarm

Historical Information

Public Historical Remarks
Utilities: On, Air Cond/Ventilation: Office Only, Frontage Access: Frontage Road
Listing Office: McColly Real Estate
Last Updated: February - 24 - 2024
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