4000 W Lincoln Highway, Merrillville, IN 46410

$1,150,000
Property Type: Commercial Sale Square Footage: 8,668 Lot Size (sq. ft.): 89,385 Status: Closed
Current Price: $1,150,000 List Date: 9/12/2024 Last Modified: 12/21/2024

Overview

Description

A Prime Commercial location just 3.4 miles West of I-65 on U.S. Hwy 30 in Merrillville, IN with a Traffic Count of ~42,000 vehicles per day. This 8,668 SF structure on 2.05 AC with C-2 Community Commercial Zoning is perfect for Professional or Medical offices, or an Expansive List of Retail Uses too numerous to mention (See the zoning list in documents). Enough land for additional development. A combination of fourteen private offices and three open plan, work group areas provide great versatility. Architecturally attractive inside and out with a combination of direct and indirect lighting, tray ceilings real wood trim and designer finishes. Parking for 40 vehicles and a ~36' tall lighted monument sign with LED message board.

Listing Details MLS# 809957

General Property Information

Number Of Units Total
Yes
Living Area
8668
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
1971
Parking Total
40
Lot Size Acres
2.052
Lot Size Square Feet
89385
Lot Size Source
Assessor
Lot Size Dimensions
200'x446.6'
Waterfront YN
No
Basement YN
No
Stories
Yes

Property Features

Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Entrance; Accessible Hallway(s); Common Area Building Features: Acoustical Ceiling(s); Exterior Lighting; High Speed Internet; Lunch Room; Meeting Room; Private Restrooms; Sheet Rock Ceiling(s) Construction Materials: Brick Cooling: Central Air Current Use: Commercial; Office; Retail Electric: 200+ Amp Service; 3 Phase; 440 Volts Exterior Features: Lighting; Private Entrance; Private Yard Fencing: Partial; Vinyl Flooring: Carpet; Ceramic Tile; Varies Foundation Details: Concrete Perimeter; Slab Heating: Central; Natural Gas Interior Features: Eat-in Kitchen; Entrance Foyer; High Ceilings; Natural Woodwork; Open Floorplan; Recessed Lighting; Tray Ceiling(s) Listing Terms: Cash; Conventional Lot Features: Back Yard; City Lot; Gentle Sloping; Irregular Lot; Many Trees; Open Lot; Paved Owner Pays: All Utilities; Common Area Maintenance Parking Features: Asphalt; Common; Driveway; Lighted; Off Street; Parking Lot; Paved; Shared Driveway; Unassigned Possession: Negotiable; Subject To Tenant Rights Possible Use: Commercial; Development; Investment; Medical/Dental; Office; Retail Rail Availability: None Road Frontage Type: Highway Roof: Membrane Security Features: Closed Circuit Camera(s); Security System; Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected; Underground Utilities Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Restricted Hours

Contract Information

Auction YN
No
Original List Price
1300000
Property Sub Type
Business
Listing Agreement
Exclusive Right To Sell
Owner Name
Lake Mortgage Co Inc
Occupant Type
Tenant

Location Tax and Legal

Street Number
4000
Street Direction Prefix
W
Street Name
Lincoln
Street Suffix
Highway
County
Lake
State
IN
Postal Code
46410
Subdivision Name
Lincolnway Plaza

Remarks and Miscellaneous

Public Remarks
A Prime Commercial location just 3.4 miles West of I-65 on U.S. Hwy 30 in Merrillville, IN with a Traffic Count of ~42,000 vehicles per day. This 8,668 SF structure on 2.05 AC with C-2 Community Commercial Zoning is perfect for Professional or Medical offices, or an Expansive List of Retail Uses too numerous to mention (See the zoning list in documents). Enough land for additional development. A combination of fourteen private offices and three open plan, work group areas provide great versatility. Architecturally attractive inside and out with a combination of direct and indirect lighting, tray ceilings real wood trim and designer finishes. Parking for 40 vehicles and a ~36' tall lighted monument sign with LED message board.
Exclusions
Personal Property is available under terms excluded from the Real Estate.

Status Change Information

Major Change Timestamp
2024-12-21T18:23:09Z
Major Change Type
Status Change
Status Change Timestamp
2024-12-21
Offer Acceptance Date
2024-10-25
Close Date
2024-12-20
Close Price
1150000
Concessions
No
Buyer Financing
Cash

More Information

Building Features

Building Dimensions
121'x71'
Number of Offices
14

Exemption Information

Exemption YN
No

Frontage Type

Frontage Length
200'

Public Survey Details

Public Survey Township
Ross
Listing Office: McColly Real Estate
Last Updated: December - 21 - 2024
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