7035 W 25th Avenue, Gary, IN 46406

$545,000
Property Type: Commercial Sale Square Footage: 43,428 Lot Size (sq. ft.): 587,624 Status: Closed
Current Price: $545,000 List Date: 12/22/2017 Last Modified: 2/24/2024

Overview

Description

Beautiful School Completely up to code! 5 new boilers in 2002, each classroom can control its own heat and have phone/internet access. Slightly pitched Flexicore roof, new in 2002 with warranty. Retention Pond. Can be used for School, Office, Light Industrial or other.

Listing Details MLS# 427003

General Property Information

Living Area
43428
Building Area Source
Assessor
Year Built
1955
Lot Size Acres
13.49
Lot Size Square Feet
587624
Lot Size Dimensions
450x460
Stories
0

Property Features

Building Features: Acoustical Ceiling(s); Exterior Lighting; Meeting Room; Public Restrooms Construction Materials: Brick Cooling: Central Air; Evaporative Cooling Electric: 200+ Amp Service Flooring: Carpet; Concrete; Tile Foundation Details: Brick/Mortar; Concrete Perimeter Heating: Hot Water Interior Features: Elevator; High Speed Internet Listing Terms: Cash; Conventional; Other Parking Features: Open; Paved Possible Use: Industrial; Office; Recreational; Other Rail Availability: None Road Frontage Type: City Street Roof: Flat; Rubber Security Features: Fire Alarm; Security Lights; Security System; Smoke Detector(s) Tenant Pays: Gas; Water Utilities: Cable Available; Detention Pond; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
695000
Property Sub Type
Mixed Use
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
7035
Street Direction Prefix
W
Street Name
25th
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46406
Subdivision Name
Calumet Home Gardens

Remarks and Miscellaneous

Public Remarks
Beautiful School Completely up to code! 5 new boilers in 2002, each classroom can control its own heat and have phone/internet access. Slightly pitched Flexicore roof, new in 2002 with warranty. Retention Pond. Can be used for School, Office, Light Industrial or other.

Status Change Information

Major Change Timestamp
2018-04-19T11:51:16Z
Major Change Type
Status Change
Status Change Timestamp
2018-04-19
Offer Acceptance Date
2018-03-15
Close Date
2018-04-19
Close Price
545000
Buyer Financing
Conventional

More Information

Building Features

Clear Ceiling Height
8'
Acoustical Ceiling(s)
Yes
Exterior Lighting
Yes
Meeting Room
Yes
Public Restrooms
Yes

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
450

Showing Requirements

Showing Instructions
Please use Showing Assist
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Utilities: On, Frontage Access: Public Road, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Tax Legal Description
Legal Description: PT. SW. N. OF N.Y.C. RR. S.14 T.36 R.9 13.49A. VAC. L.5 TO 35 BL.1 L.1 TO 9 BL.2
Parcel Number
450714326001000003
Township
Calumet
Directions
Take I-80/ I-94 to Burr Exit. North on Burr. West on W 25th Ave. Property will be on the left, #7035.

Construction Materials

Brick
Yes

Cooling

Central Air
Yes
Evaporative Cooling
Yes

Electric

200+ Amp Service
Yes

Flooring

Carpet
Yes
Concrete
Yes
Tile
Yes

Foundation Details

Brick/Mortar
Yes
Concrete Perimeter
Yes

Heating

Hot Water
Yes

Interior Features

Elevator
Yes
High Speed Internet
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Parking Features

Open
Yes
Paved
Yes

Road Frontage Type

City Street
Yes

Roof

Flat
Yes
Rubber
Yes

Security Features

Fire Alarm
Yes
Security Lights
Yes
Security System
Yes
Smoke Detector(s)
Yes

Utilities

Cable Available
Yes
Detention Pond
Yes
Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Income and Expenses

Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
New Taxes Expense
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Tenant Pays

Gas
Yes
Water
Yes

Possible Use

Industrial
Yes
Office
Yes
Recreational
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: McCormick Real Estate, Inc.
Last Updated: February - 24 - 2024
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