6347 Indianapolis Boulevard, Hammond, IN 46320

$550,000
Property Type: Commercial Sale Square Footage: 33,000 Lot Size (sq. ft.): 64,556 Status: Closed
Current Price: $550,000 List Date: 11/11/2020 Last Modified: 2/24/2024

Overview

Description

Indianapolis Blvd located retail with storage. Income property. Mostly leased. Many long term tenants in place.

Listing Details MLS# 484723

General Property Information

Living Area
33000
Building Area Source
Assessor
Year Built
1951
Lot Size Acres
1.482
Lot Size Square Feet
64556
Lot Size Dimensions
1.48 acres irregular.
Stories
2

Property Features

Building Features: Acoustical Ceiling(s); Business District Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Strip Mall Location; Other Construction Materials: Block; Brick Cooling: Central Air Current Use: Mixed Use; Retail; Warehouse Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service Flooring: Carpet; Tile Foundation Details: Concrete Perimeter Frontage Type: Other Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Conventional Parking Features: Open; Paved Possession: Negotiable Possible Use: Mixed Use; Retail; Warehouse Rail Availability: None Road Frontage Type: State Road Roof: Flat; Membrane Tenant Pays: None Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
599000
Property Sub Type
Retail
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
6347
Street Name
Indianapolis
Street Suffix
Boulevard
County
Lake
State
IN
Postal Code
46320
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Indianapolis Blvd located retail with storage. Income property. Mostly leased. Many long term tenants in place.

Status Change Information

Major Change Timestamp
2021-09-08T11:53:54Z
Major Change Type
Status Change
Status Change Timestamp
2021-09-08
Offer Acceptance Date
2021-03-15
Close Date
2021-09-08
Close Price
550000
Concessions
No
Buyer Financing
Conventional

More Information

Building Features

Building Dimensions
2 buildings
Clear Ceiling Height
12 feet retail. 16 feet storage. 10 feet
Acoustical Ceiling(s)
Yes
Business District Location
Yes
Exposed Under Roof Ceiling(s)
Yes
Exterior Lighting
Yes
Strip Mall Location
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Income and Expenses

Electric Expense
19612
Expense Year
2019
Insurance Expense
8737
New Taxes Expense
22138
Other Expense
Yes
Professional Management Expense
4800
Sewer Expense
Yes
Trash Expense
Yes
Water Expense
Yes
Gross Income
0
Gross Scheduled Income
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
Supplies Expense
0
Total Actual Rent
0

Showing Requirements

Showing Instructions
Call Pete at (219) 743-4339.
Appointment Only
Yes

Historical Information

Public Historical Remarks
Utilities: On, Overhead Doors:

Location, Tax, and Legal

Postal Code +4
2230
Tax Legal Description
Legal Description: PT. W.1/2 SW.1/4 SE.1/4 S.5 T.36 R.9 (220X355X263.27X210.4FT) 1.482AC
Parcel Number
450705457002000023
Township
North
Directions
165th street to Indianapolis Blvd north 1 block east side of street.

Construction Materials

Block
Yes
Brick
Yes

Cooling

Central Air
Yes

Electric

100 Amp Service
Yes
150 Amp Service
Yes
200+ Amp Service
Yes

Flooring

Carpet
Yes
Tile
Yes

Foundation Details

Concrete Perimeter
Yes

Frontage Type

Other
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Conventional
Yes

Parking Features

Open
Yes
Paved
Yes

Possession

Negotiable
Yes

Road Frontage Type

State Road
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

Tenant Pays

None
Yes

Current Use

Mixed Use
Yes
Retail
Yes
Warehouse
Yes

Possible Use

Mixed Use
Yes
Retail
Yes
Warehouse
Yes

Rail Availability

None
Yes
Listing Office: Kara Realty, Inc.
Last Updated: February - 24 - 2024
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