4717 E Lincoln, Merrillville, IN 46410

$540,000
Property Type: Commercial Sale Square Footage: 4,064 Lot Size (sq. ft.): 108,900 Status: Closed
Current Price: $540,000 List Date: 7/25/2019 Last Modified: 6/19/2024

Overview

Description

BEER BARREL RESTAURANT. The possibilities for this property are only limited by your imagination. 2.5 acres. 272 feet frontage on US 30. 4064 sq. ft. building.

Listing Details MLS# 459868

General Property Information

Living Area
4064
Building Area Source
Assessor
Year Built
1943
Lot Size Acres
2.5
Lot Size Square Feet
108900
Lot Size Dimensions
2.725 acres
Stories
Yes

Property Features

Building Features: Business District Location; Private Restrooms; Sheet Rock Ceiling(s); Other Construction Materials: Cedar; Frame Cooling: None Current Use: Commercial Foundation Details: Block Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Lock Box Information: SentriLock Parking Features: Open Possession: Negotiable Possible Use: Automotive; Commercial; Place of Worship; Other Rail Availability: None Road Frontage Type: Highway Roof: Composition Security Features: Other Sewer: Private Sewer Tenant Pays: Gas Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available Water Source: Private; Well

Contract Information

Auction YN
No
Original List Price
700000
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
4717
Street Direction Prefix
E
Street Name
Lincoln
County
Lake
State
IN
Postal Code
46410
Subdivision Name
N/A

Remarks and Miscellaneous

Public Remarks
BEER BARREL RESTAURANT. The possibilities for this property are only limited by your imagination. 2.5 acres. 272 feet frontage on US 30. 4064 sq. ft. building.

Status Change Information

Major Change Timestamp
2024-02-18T02:05:15Z
Major Change Type
Price Reduced
Price Change Timestamp
2024-02-18T02:05:15Z
Status Change Timestamp
2022-11-18
Offer Acceptance Date
2022-10-15
Close Date
2022-11-18
Close Price
540000
Concessions
No
Buyer Financing
Cash

More Information

Building Features

Number of Offices
Yes
Business District Location
Yes
Private Restrooms
Yes
Sheet Rock Ceiling(s)
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
18102
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

Lock Box Information

Lock Box Serial Number
1506536
SentriLock
Yes

Showing Requirements

Showing Instructions
Showing Assist

Historical Information

Public Historical Remarks
Utilities: Off, Frontage Access: Signal Intersection, Roof Structure: HIP,Truss

Location, Tax, and Legal

Postal Code +4
5820
Tax Legal Description
Legal Description: NE. COR. NE. SE. S.24 T.35 R.8 2.725AC. 272.50X435.60FT
Parcel Number
451224426005000046
Township
Ross
Directions
US Hwy 30 to Clay St.

Construction Materials

Cedar
Yes
Frame
Yes

Cooling

None
Yes

Foundation Details

Block
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Open
Yes

Possession

Negotiable
Yes

Road Frontage Type

Highway
Yes

Roof

Composition
Yes

Security Features

Other
Yes

Sewer

Private Sewer
Yes

Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Phone Available
Yes

Water Source

Private
Yes
Well
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes

Current Use

Commercial
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Place of Worship
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: McColly Real Estate
Last Updated: June - 19 - 2024
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