3823 E Lincoln, Merrillville, IN 46410
$1,750,000
Property Type:
Commercial Sale
Square Footage:
22,300
Lot Size (sq. ft.):
158,079
Status:
Closed
Current Price:
$1,750,000
List Date:
6/10/2021
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 494640
General Property Information
- Living Area
- 22300
- Building Area Source
- Owner
- Accessibility Features YN
- Yes
- Year Built
- 1974
- Lot Size Acres
- 3.629
- Lot Size Square Feet
- 158079
- Lot Size Dimensions
- 372 X 462
- Stories
- 0
Property Features
Building Features:
Business District Location; Commercial Park Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Lunch Room; Public Restrooms
Construction Materials:
Block; Brick; Concrete; Steel Siding; Stucco
Cooling:
Central Air
Current Use:
Commercial; Retail
Electric:
200+ Amp Service
Flooring:
Concrete; Tile; Varies
Foundation Details:
Concrete Perimeter
Frontage Type:
Other
Heating:
Ceiling; Forced Air; Natural Gas
Interior Features:
Elevator
Listing Terms:
Lease Purchase
Parking Features:
Common; Gated; Open; Paved
Possession:
Negotiable; Seller Rent Back
Possible Use:
Commercial; Medical/Dental; Mixed Use; Office; Place of Worship; Retail; Warehouse; Other
Rail Availability:
None
Roof:
Rubber
Security Features:
Fire Sprinkler System; Smoke Detector(s)
Utilities:
Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected
Showing Requirements:
24 Hour Notice; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 1600000
- Property Sub Type
- Retail
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Habitat for Humanity
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 3823
- Street Direction Prefix
- E
- Street Name
- Lincoln
- County
- Lake
- State
- IN
- Postal Code
- 46410
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- I'm proud to offer this fantastic Building located in the heart of the Southlake Shopping district. This building offers 22,300 square feet of retail/flex space available for purchase and the majority is currently an open concept floor plan. Inside also includes a managers office, public restrooms, a large break area, a 1,700 Sq.Ft. back shop area with an overhead door, and tons of floor space that can be divided up to fit your investment needs or used as a whole. This site offers great frontage exposure to route 30 and is just to the East of the Southlake Mall, offers tons of parking and additional fenced in parking at the rear of the building that can be used in many different ways and has been well kept over the years of ownership. Currently there is one main front entrance, 3 rear entrances, 1 overhead door, and a side drive which can act as a drive through if desired by a new occupant. Sellers would consider staying in the building if purchased. Serious inquiries only!!!
Status Change Information
- Major Change Timestamp
- 2024-02-18T02:06:55Z
- Major Change Type
- Price Change
- Price Change Timestamp
- 2024-02-18T02:06:55Z
- Status Change Timestamp
- 2022-04-18
- Offer Acceptance Date
- 2022-03-25
- Close Date
- 2022-04-18
- Close Price
- 1750000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Building Features
- Clear Ceiling Height
- 12'
- Overhead Doors
- 2
- Business District Location
- Yes
- Commercial Park Location
- Yes
- Exposed Under Roof Ceiling(s)
- Yes
- Exterior Lighting
- Yes
- Lunch Room
- Yes
- Public Restrooms
- Yes
Exemption Information
- Exemption YN
- Y
Frontage Type
- Frontage Length
- 371
- Other
- Yes
Income and Expenses
- New Taxes Expense
- 6455
- 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
- Call Jim Samuelson or schedule through Showing Assist.
- 24 Hour Notice
- Yes
- Listing Agent Must Accompany
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Frontage Access: Frontage Road,Public Road, Parking: Public Parking, Roof Structure: Pitched,Steel Joist, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 5809
- Tax Legal Description
- Legal Description: E.375.0FT OF W.1661.09FT OF N.465FT OF SW1/4 S.24 T.35 R.8 4.003AC (0.344AC NON-
- Parcel Number
- 451224326001000046
- Township
- Ross
- Directions
- From I 65, head East to address.
Construction Materials
- Block
- Yes
- Brick
- Yes
- Concrete
- Yes
- Steel Siding
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
Electric
- 200+ Amp Service
- Yes
Flooring
- Concrete
- Yes
- Tile
- Yes
- Varies
- Yes
Foundation Details
- Concrete Perimeter
- Yes
Heating
- Ceiling
- Yes
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Lease Purchase
- Yes
Parking Features
- Common
- Yes
- Gated
- Yes
- Open
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
- Seller Rent Back
- Yes
Roof
- Rubber
- Yes
Security Features
- Fire Sprinkler System
- Yes
- Smoke Detector(s)
- Yes
Utilities
- 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
Current Use
- Commercial
- Yes
- Retail
- Yes
Possible Use
- Commercial
- Yes
- Medical/Dental
- Yes
- Mixed Use
- Yes
- Office
- Yes
- Place of Worship
- Yes
- Retail
- Yes
- Warehouse
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Listing Office:
BHHS Executive Realty
Last Updated: February - 24 - 2024
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