403 W Gostlin Street, Hammond, IN 46327

$555,000
Property Type: Commercial Sale Square Footage: 550 Lot Size (sq. ft.): 10,629 Status: Closed
Current Price: $555,000 List Date: 5/19/2019 Last Modified: 2/24/2024

Overview

Description

Prime investment Property. This Grand Prix Gas Station see's a high volume of customers conveniently located 1 block from the South Shore Train Station and located within approx. 6 blocks of the Illinois boarder. This location has been recently upgraded with 6 gas pumps and computer systems. This location is on the corner of Gostlin and Hohman Ave. Extra side lot attached to property for future expansion.

Listing Details MLS# 455214

General Property Information

Living Area
550
Building Area Source
Assessor
Year Built
1969
Lot Size Acres
0.244
Lot Size Square Feet
10629
Lot Size Dimensions
200 x250
Stories
0

Property Features

Building Features: Exterior Lighting; Satellite Dish; Storage Tank Below Ground; Suspended Ceiling(s); Other Construction Materials: Brick Cooling: Central Air Current Use: Automotive Electric: Circuit Breakers Flooring: Tile Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Common Possible Use: Automotive Rail Availability: None Roof: Rubber Tenant Pays: None Utilities: Natural Gas Available; None Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
599000
Property Sub Type
Retail
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
403
Street Direction Prefix
W
Street Name
Gostlin
Street Suffix
Street
County
Lake
State
IN
Postal Code
46327
Subdivision Name
Towles 2nd Add

Remarks and Miscellaneous

Public Remarks
Prime investment Property. This Grand Prix Gas Station see's a high volume of customers conveniently located 1 block from the South Shore Train Station and located within approx. 6 blocks of the Illinois boarder. This location has been recently upgraded with 6 gas pumps and computer systems. This location is on the corner of Gostlin and Hohman Ave. Extra side lot attached to property for future expansion.

Status Change Information

Major Change Timestamp
2019-07-15T11:52:09Z
Major Change Type
Status Change
Status Change Timestamp
2019-07-15
Offer Acceptance Date
2019-06-14
Close Date
2019-07-15
Close Price
555000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
15223
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 listing agent
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Frontage Access: Public Road, Roof Structure: Pitched

Location, Tax, and Legal

Postal Code +4
1363
Tax Legal Description
Legal Description: TOWLES 2ND ADD. ALL LOTS 1,2 & 3 BL.2
Parcel Number
450225256032000023
Zoning Description
Commercial
Township
North
Directions
Located on the corner of Gostline and Holman Ave. 1 block north of the south shore station

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Electric

Circuit Breakers
Yes

Flooring

Tile
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Parking Features

Common
Yes

Roof

Rubber
Yes

Utilities

Natural Gas Available
Yes
None
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

None
Yes

Current Use

Automotive
Yes

Possible Use

Automotive
Yes

Building Features

Exterior Lighting
Yes
Satellite Dish
Yes
Storage Tank Below Ground
Yes
Suspended Ceiling(s)
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: Century 21 Circle
Last Updated: February - 24 - 2024
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