6080-6084 Lute Road, Portage, IN 46368 (MLS# 818935)

6080-6084 Lute Road, Portage, IN 46368

$625,000

Property Type: Commercial Sale Square Footage: 4,523 Lot Size (sq. ft.): 33,977 Status: Active

Current Price: $625,000 List Date: 4/11/2025 Last Modified: 4/08/2026

Overview

Description

Great investment opportunity. Generates 40K in NOI. Currently occupied by 2 tenants, dental office and engineering firm. Great corner lot location just off Willowcreek Road. Daily traffic counts are 7,220. Utilities are separately metered. Parking lot capacity is 20 plus. Large pylon sign. All brick and masonry construction.

Listing Details MLS# 818935

General Property Information

Number Of Units Total: Yes
Living Area: 4523
Building Area Source: Assessor
Year Built: 1994
Year Built Details: All brick and masonry
Parking Total: 20
Lot Size Acres: 0.78
Lot Size Square Feet: 33977
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: No

Property Features

Appliances: Microwave; Refrigerator Building Features: Business District Location; Exterior Lighting; Lunch Room; Meeting Room; Multi Tenant; Office Park Location; Private Restrooms; Sheet Rock Ceiling(s); Skylight(s) Business Type: Medical; Professional/Office Construction Materials: Brick; Other Cooling: Central Air Current Use: Medical/Dental; Office Electric: 200+ Amp Service Exterior Features: Lighting Flooring: Carpet; Linoleum; Tile Heating: Forced Air; Natural Gas Interior Features: Laminate Counters; Open Floorplan Listing Terms: Cash; Contract; Conventional Lock Box Information: Call Listing Office Lot Features: Few Trees; Landscaped; Near Public Transit Owner Pays: HVAC Maintenance; Insurance; Sewer; Snow Removal; Taxes; Trash Collection Parking Features: Asphalt; Off Street; Paved Possession: Close Of Escrow Possible Use: Commercial; Investment; Medical/Dental; Office Rail Availability: None Roof: Asphalt; Shingle Security Features: Carbon Monoxide Detector(s); Security Lights; Smoke Detector(s) Sewer: Public Sewer Special Licenses: None Special Listing Conditions: Agent Owned / Interest Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Janitorial Service; Pest Control; Telephone Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public

Contract Information

Auction YN: No
Original List Price: 625000
Property Sub Type: Office
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: Yes
Occupant Type: Tenant

Location Tax and Legal

Street Number: 6080-6084
Street Name: Lute
Street Suffix: Road
County: Porter
State: IN
Postal Code: 46368

Remarks and Miscellaneous

Public Remarks: Great investment opportunity. Generates 40K in NOI. Currently occupied by 2 tenants, dental office and engineering firm. Great corner lot location just off Willowcreek Road. Daily traffic counts are 7,220. Utilities are separately metered. Parking lot capacity is 20 plus. Large pylon sign. All brick and masonry construction.

Status Change Information

Major Change Timestamp: 2025-04-11T17:23:42Z
Major Change Type: New Listing
Status Change Timestamp: 2025-04-11

More Information

Exemption Information

Exemption YN: No

Income and Expenses

Gross Income: 66000
Insurance Expense: 2800
New Taxes Expense: 13185
Sewer Expense: 600
Total Actual Rent: 5500

Showing Requirements

Showing Instructions: Must call listing office well in advance of requested showing, respectful of current tenants conducting business.

Location, Tax, and Legal

Tax Annual Amount: 13200
Tax Year: 2024
Tax Legal Description: BILTMORE SQUARE S250 LOT 1 99-17389
Parcel Number: 640524152006000016
Zoning Description: Commercial
Township: Portage
Directions: North of Willowcreek, East on Lute, corner of Lute and Lancer.

Appliances

Microwave: Yes
Refrigerator: Yes

Construction Materials

Brick: Yes
Other: Yes

Cooling

Central Air: Yes

Electric

200+ Amp Service: Yes

Exterior Features

Lighting: Yes

Flooring

Carpet: Yes
Linoleum: Yes
Tile: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Laminate Counters: Yes
Open Floorplan: Yes

Listing Terms

Cash: Yes
Contract: Yes
Conventional: Yes

Lock Box Information

Call Listing Office: Yes

Lot Features

Few Trees: Yes
Landscaped: Yes
Near Public Transit: Yes

Parking Features

Asphalt: Yes
Off Street: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Asphalt: Yes
Shingle: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Security Lights: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Agent Owned / Interest: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

City: Yes
Neighborhood: Yes

Water Source

Public: Yes

Owner Pays

HVAC Maintenance: Yes
Insurance: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes

Tenant Pays

All Utilities: Yes
Cable TV: Yes
Electricity: Yes
Gas: Yes
Janitorial Service: Yes
Pest Control: Yes
Telephone: Yes

Current Use

Medical/Dental: Yes
Office: Yes

Possible Use

Commercial: Yes
Investment: Yes
Medical/Dental: Yes
Office: Yes

Building Features

Business District Location: Yes
Exterior Lighting: Yes
Lunch Room: Yes
Meeting Room: Yes
Multi Tenant: Yes
Office Park Location: Yes
Private Restrooms: Yes
Sheet Rock Ceiling(s): Yes
Skylight(s): Yes

Business Type

Medical: Yes
Professional/Office: Yes

Rail Availability

None: Yes

Special Licenses

None: Yes

Listing Office: Century 21 Alliance Group

Last Updated: April - 08 - 2026

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