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.
Listing Office: Century 21 Alliance Group
Last Updated: April - 08 - 2026
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