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

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!!!

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
Waterfront YN
No

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: Cash; 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

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
371

Income and Expenses

New Taxes Expense
6455

Showing Requirements

Showing Instructions
Call Jim Samuelson or schedule through Showing Assist.

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
Listing Office: BHHS Executive Realty
Last Updated: February - 24 - 2024
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