4716 W 61st Avenue, Hobart, IN 46342

$700,000
Property Type: Commercial Sale Square Footage: 6,300 Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $700,000 List Date: 8/18/2018 Last Modified: 2/24/2024

Overview

Description

Outstanding location on 61st Avenue very near I65. High traffic and signage visible from I65. Perfect for auto repair or related business. Auto repair/service equipment onsite is available for additional purchase. Free-standing building has 6,300sf on 5 acres. Main structure divided into 3 main areas: retail, shop and warehouse. Retail space area approximately 945sf; shop area 3,540sf; warehouse 1,815sf. Property at rear of building is fenced. Use of approximately 60' tall signage visible from I65. This property is also available for lease at $6,000 per month, triple net.

Listing Details MLS# 441047

General Property Information

Living Area
6300
Building Area Source
Assessor
Year Built
1990
Lot Size Acres
5
Lot Size Square Feet
217800
Lot Size Dimensions
166x1298
Stories
Yes

Property Features

Building Features: Exterior Lighting; Other Construction Materials: Block Cooling: Zoned Current Use: Automotive Electric: Other Flooring: Concrete Foundation Details: Concrete Perimeter Heating: Zoned Interior Features: Elevator Listing Terms: Other Lot Features: Corner Lot Parking Features: Common; Gated; Lighted; Paved; Secured; Unpaved Possible Use: Automotive; Warehouse Rail Availability: None Road Frontage Type: City Street Roof: Other Tenant Pays: Water Utilities: Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
785000
Property Sub Type
Retail
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
4716
Street Direction Prefix
W
Street Name
61st
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46342
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Outstanding location on 61st Avenue very near I65. High traffic and signage visible from I65. Perfect for auto repair or related business. Auto repair/service equipment onsite is available for additional purchase. Free-standing building has 6,300sf on 5 acres. Main structure divided into 3 main areas: retail, shop and warehouse. Retail space area approximately 945sf; shop area 3,540sf; warehouse 1,815sf. Property at rear of building is fenced. Use of approximately 60' tall signage visible from I65. This property is also available for lease at $6,000 per month, triple net.

Status Change Information

Major Change Timestamp
2018-09-10T12:30:54Z
Major Change Type
Status Change
Status Change Timestamp
2018-09-10
Offer Acceptance Date
2018-08-18
Close Date
2018-09-10
Close Price
700000
Buyer Financing
Cash

More Information

Building Features

Building Dimensions
90'x70'
Cranes
None
Exterior Lighting
Yes
Other
Yes

Exemption Information

Exemption YN
N

Frontage Type

Frontage Length
166

Income and Expenses

New Taxes Expense
19576
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
Contact listing agent directly. Allow 48 hours.
Appointment Only
Yes

Historical Information

Public Historical Remarks
Zoning: BUSO, Utilities: On, Frontage Access: Public Road,Signal Intersection, Overhead Doors:

Location, Tax, and Legal

Postal Code +4
6478
Tax Legal Description
Legal Description: E1/2 E1/2 W1/2 SW. SW. S.2 T.35 R.8 5A
Parcel Number
451202352006000018
Zoning Description
Business
Township
Hobart
Directions
Interstate 65 to 61st Avenue exit. East to property. Just west of Wendy's.

Construction Materials

Block
Yes

Cooling

Zoned
Yes

Electric

Other
Yes

Flooring

Concrete
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Zoned
Yes

Interior Features

Elevator
Yes

Listing Terms

Other
Yes

Lot Features

Corner Lot
Yes

Parking Features

Common
Yes
Gated
Yes
Lighted
Yes
Paved
Yes
Secured
Yes
Unpaved
Yes

Road Frontage Type

City Street
Yes

Roof

Other
Yes

Utilities

Natural Gas Available
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Water
Yes

Current Use

Automotive
Yes

Possible Use

Automotive
Yes
Warehouse
Yes

Rail Availability

None
Yes
Listing Office: Coldwell Banker Realty
Last Updated: February - 24 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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