501-525 W 84th Drive, Merrillville, IN 46410

$650,000
Property Type: Commercial Sale Square Footage: 45,826 Lot Size (sq. ft.): 113,256 Status: Closed
Current Price: $650,000 List Date: 3/26/2012 Last Modified: 2/24/2024

Overview

Description

Multi-tenant office & warehouse. Main floor office space approximately 14191 sq ft. Main floor warehouse space approximately 15800 sq ft. 2nd floor office space approximately 14191 sq ft.

Listing Details MLS# 304486

General Property Information

Living Area
45826
Building Area Source
Assessor
Year Built
1980
Lot Size Acres
2.6
Lot Size Square Feet
113256
Lot Size Dimensions
2.61 Acres
Stories
0

Property Features

Building Features: Commercial Park Location; Enclosed Stair(s); Exterior Lighting; Private Restrooms; Other Construction Materials: Block; Brick; Other Cooling: Central Air Current Use: Medical/Dental; Office; Warehouse Electric: Other Flooring: Carpet Foundation Details: Brick/Mortar Heating: Forced Air; Zoned Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Common; Paved Possession: Negotiable Possible Use: Medical/Dental; Mixed Use; Office; Warehouse Rail Availability: None Roof: Flat; Membrane Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Original List Price
850000
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
501-525
Street Direction Prefix
W
Street Name
84th
Street Suffix
Drive
County
Lake
State
IN
Postal Code
46410
Subdivision Name
Commerce Park

Remarks and Miscellaneous

Public Remarks
Multi-tenant office & warehouse. Main floor office space approximately 14191 sq ft. Main floor warehouse space approximately 15800 sq ft. 2nd floor office space approximately 14191 sq ft.

Status Change Information

Major Change Timestamp
2013-02-08T12:46:32Z
Major Change Type
Status Change
Status Change Timestamp
2013-02-08
Offer Acceptance Date
2012-10-15
Close Date
2013-02-08
Close Price
650000
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2011
Gross Scheduled Income
183182
Insurance Expense
4650
New Taxes Expense
34447
Trash Expense
5000
Electric Expense
0
Gross Income
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
Water Expense
0

Showing Requirements

Showing Instructions
Call listing agent to show
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Frontage Access: Public Road, Fire Protect: Fire Extinguishers, Office Sq. Ft.:

Location, Tax, and Legal

Tax Legal Description
Legal Description: Commerce Park All of Lot O & W.5ft of Lot P & Commerce Park East80.62 ft of LotN
Parcel Number
451221453006000030
Zoning Description
Commercial
Township
Ross
Directions
Merrillville Rd south from Rt 30 to W 84th Dr, east to property.

Construction Materials

Block
Yes
Brick
Yes
Other
Yes

Cooling

Central Air
Yes

Electric

Other
Yes

Flooring

Carpet
Yes

Foundation Details

Brick/Mortar
Yes

Heating

Forced Air
Yes
Zoned
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Common
Yes
Paved
Yes

Possession

Negotiable
Yes

Roof

Flat
Yes
Membrane
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Current Use

Medical/Dental
Yes
Office
Yes
Warehouse
Yes

Possible Use

Medical/Dental
Yes
Mixed Use
Yes
Office
Yes
Warehouse
Yes

Building Features

Cranes
No
Commercial Park Location
Yes
Enclosed Stair(s)
Yes
Exterior Lighting
Yes
Private Restrooms
Yes
Other
Yes

Rail Availability

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