706 Ridge Road, Munster, IN 46321
$800,000
Property Type:
Commercial Sale
Square Footage:
5,035
Lot Size (sq. ft.):
69,348
Status:
Closed
Current Price:
$800,000
List Date:
3/05/2018
Last Modified:
6/19/2024
Overview
Description
Listing Details MLS# 430367
General Property Information
- Living Area
- 5035
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1985
- Lot Size Acres
- 1.592
- Lot Size Square Feet
- 69348
- Lot Size Dimensions
- 1.592
- Waterfront YN
- No
- Stories
- Yes
Property Features
Building Features:
Business District Location; Other
Construction Materials:
Brick
Cooling:
Central Air; Exhaust Fan
Current Use:
Medical/Dental
Electric:
100 Amp Service; 150 Amp Service; 200+ Amp Service
Flooring:
Carpet; Tile
Foundation Details:
Concrete Perimeter
Heating:
Central; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Paved
Possible Use:
Medical/Dental; Office; Retail
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Composition
Security Features:
Other
Tenant Pays:
Gas; Water
Utilities:
Cable Available; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 1200000
- Property Sub Type
- Office
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 706
- Street Name
- Ridge
- Street Suffix
- Road
- County
- Lake
- State
- IN
- Postal Code
- 46321
- Subdivision Name
- none
Remarks and Miscellaneous
- Public Remarks
- Over 5000 Sq.Ft. Medical Office building with paved parking on over 1.5 Acres. Property can be sub-divided creating 2 residential lots and 1 possible multi-family lot. Possible PUD may allow an additional commercial building behind existing building which would require Town of Munster approval. Seller willing to consider Lease Purchase agreement.
Status Change Information
- Major Change Timestamp
- 2024-02-18T02:35:20Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2024-02-18T02:35:20Z
- Status Change Timestamp
- 2019-03-15
- Offer Acceptance Date
- 2019-03-06
- Close Date
- 2019-03-15
- Close Price
- 800000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Building Features
- Building Dimensions
- 95x53
- Clear Ceiling Height
- 8'
- Office SqFt
- 5035
Exemption Information
- Exemption YN
- N
Income and Expenses
- Expense Year
- 2017
- Gross Scheduled Income
- 79800
- Insurance Expense
- 2000
- Net Operating Income
- 54700
- New Taxes Expense
- 23090
- Total Actual Rent
- 79800
Showing Requirements
- Showing Instructions
- use showing assist. Agent to be present for all showings
Historical Information
- Public Historical Remarks
- Zoning: BUSO, Utilities: On, Roof Structure: Gable
Listing Office:
McColly Real Estate
Last Updated: June - 19 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.