740 River Drive, Hammond, IN 46324 (MLS# 451832)

740 River Drive, Hammond, IN 46324

$525,000

Property Type: Commercial Sale Square Footage: 6,401 Lot Size (sq. ft.): 42,253 Status: Closed

Current Price: $525,000 List Date: 4/02/2019 Last Modified: 2/24/2024

Overview

Description

OPPORTUNITY! OPPORTUNITY! OPPORTUNITY! LOCATION! LOCATION! LOCATION! THIS IS YOUR CHANCE TO PUT YOUR PLANS TO PAPER. THIS CHURCH HAS BEEN A SANCTUARY FOR 59 YEARS; IT HAS SERVED ITS PURPOSE FOR THIS CHURCH COMMUNITY, WHO HAVE ALREADY FOUND THEIR NEW HOME TO BUILD AND CONTINUE TO GROW. NOW THIS STRUCTURE IS READY TO BE TURNED IN TO SOMETHING ELSE OR FOR YOU TO BRING YOUR OWN IDEAS TO THIS VERY HIGH TRAFFIC INTERSECTION FOR THE NEXT CHAPTER. THIS LOCATION HAS AMAZING EXPOSURE! THIS IS YOUR CHANCE TO BRING YOUR BUSINESS IDEAS TO THE AREA FOR THE COMMUNITY TO WATCH GROW AND WELCOME AS PART OF THEIR OWN. CELL TOWERS ARE APPROXIMATELY $1771.00 PER MONTH OF ADDITIONAL INCOME.

Listing Details MLS# 451832

General Property Information

Living Area: 6401
Building Area Source: Assessor
Accessibility Features YN: Yes
Year Built: 1960
Lot Size Acres: 0.97
Lot Size Square Feet: 42253
Lot Size Dimensions: 42642
Waterfront YN: No
Stories: 0

Property Features

Building Features: Acoustical Ceiling(s); Janitorial Service; Patio; Private Restrooms; Wood Panel Ceiling(s); Other Construction Materials: Block; Brick Cooling: Central Air Current Use: Place of Worship Flooring: Carpet; Concrete; Vinyl Foundation Details: Block Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Assigned; Open Possible Use: Automotive; Commercial; Medical/Dental; Office; Place of Worship; Retail Rail Availability: None Roof: Shake; Wood Tenant Pays: None Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Listing Agent Must Accompany

Contract Information

Auction YN: No
Original List Price: 999900
Property Sub Type: Mixed Use
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Occupant Type: Owner

Location Tax and Legal

Street Number: 740
Street Name: River
Street Suffix: Drive
County: Lake
State: IN
Postal Code: 46324
Subdivision Name: Calumet Ter Add

Remarks and Miscellaneous

Public Remarks: OPPORTUNITY! OPPORTUNITY! OPPORTUNITY! LOCATION! LOCATION! LOCATION! THIS IS YOUR CHANCE TO PUT YOUR PLANS TO PAPER. THIS CHURCH HAS BEEN A SANCTUARY FOR 59 YEARS; IT HAS SERVED ITS PURPOSE FOR THIS CHURCH COMMUNITY, WHO HAVE ALREADY FOUND THEIR NEW HOME TO BUILD AND CONTINUE TO GROW. NOW THIS STRUCTURE IS READY TO BE TURNED IN TO SOMETHING ELSE OR FOR YOU TO BRING YOUR OWN IDEAS TO THIS VERY HIGH TRAFFIC INTERSECTION FOR THE NEXT CHAPTER. THIS LOCATION HAS AMAZING EXPOSURE! THIS IS YOUR CHANCE TO BRING YOUR BUSINESS IDEAS TO THE AREA FOR THE COMMUNITY TO WATCH GROW AND WELCOME AS PART OF THEIR OWN. CELL TOWERS ARE APPROXIMATELY $1771.00 PER MONTH OF ADDITIONAL INCOME.

Status Change Information

Major Change Timestamp: 2024-02-18T02:36:42Z
Major Change Type: Price Change
Price Change Timestamp: 2024-02-18T02:36:42Z
Status Change Timestamp: 2020-02-10
Offer Acceptance Date: 2019-12-11
Close Date: 2020-02-10
Close Price: 525000
Concessions: No
Buyer Financing: Cash

More Information

Exemption Information

Exemption YN: Y

Income and Expenses

Expense Year: 2018
Insurance Expense: 2625
Maintenance Expense: 3663
Trash Expense: 1211
Water Expense: 518
Electric Expense: 0
Gross Income: 0
Gross Scheduled Income: 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

Showing Requirements

Showing Instructions: PLEASE CALL OR TEXT LA, CATHY MEYER, AT (219) 308-9198
Listing Agent Must Accompany: Yes

Historical Information

Public Historical Remarks: Zoning: OTHER, Utilities: On, Frontage Access: Frontage Road,Signal Intersection, Roof Structure: Gable, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4: 3061
Tax Legal Description: Legal Description: CALUMET TERRACE ALL LOTS 8 TO 15 & W1/2 VAC. ALLEY ADJ L.15 & EX. E. PT. OF LOTS
Parcel Number: 450613426004000023
Zoning Description: Other
Township: North
Directions: 80/94 to Calumet South to property on immediate right, west side of street.

Construction Materials

Block: Yes
Brick: Yes

Cooling

Central Air: Yes

Flooring

Carpet: Yes
Concrete: Yes
Vinyl: Yes

Foundation Details

Block: Yes

Heating

Forced Air: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Parking Features

Assigned: Yes
Open: Yes

Roof

Shake: Yes
Wood: Yes

Utilities

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

Water Source

Public: Yes

Auction

Minimum Opening Bid: 0
Buyer Premium Amount: 0

Tenant Pays

None: Yes

Current Use

Place of Worship: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Medical/Dental: Yes
Office: Yes
Place of Worship: Yes
Retail: Yes

Building Features

Acoustical Ceiling(s): Yes
Janitorial Service: Yes
Patio: Yes
Private Restrooms: Yes
Wood Panel Ceiling(s): Yes
Other: Yes

Rail Availability

None: Yes

Listing Office: Century 21 Circle

Last Updated: February - 24 - 2024

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