816 119th Street, Hammond, IN 46394 (MLS# 385588)

816 119th Street, Hammond, IN 46394

$675,000

Property Type: Commercial Sale Square Footage: 10,248 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $675,000 List Date: 12/23/2015 Last Modified: 2/24/2024

Overview

Description

High visibility one (1) acre corner on US Highway 41 (Calumet Ave) and 119th Street. There are two buildings on site totaling 10,248 square feet. The property features a 70 vehicle private parking with security lighting. Daily car counts are 22,237. The property is located 2 1/2 miles from casinos, Lake Michigan, an Amtrak Train Station and bike trails. The existing buildings can be converted into multiple business uses or the site could easily be developed. The parcel is flat and all utilities are on site.

Listing Details MLS# 385588

General Property Information

Living Area: 10248
Building Area Source: Assessor
Accessibility Features YN: Yes
Year Built: 1963
Lot Size Acres: Yes
Lot Size Square Feet: 43560
Lot Size Dimensions: Irregular
Stories: 2

Property Features

Building Features: Business District Location; Enclosed Stair(s); Exterior Lighting; Inside Corridor(s); Lunch Room; Meeting Room; Open Dock(s); Private Restrooms; Sheet Rock Ceiling(s); Suspended Ceiling(s) Construction Materials: Brick; Concrete; Frame Cooling: Central Air Electric: 220 Volts Flooring: Carpet; Concrete; Tile; Wood Foundation Details: Block; Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Private Possession: Negotiable Possible Use: Commercial; Medical/Dental; Mixed Use; Office; Place of Worship; Recreational; Retail; Other Rail Availability: None Road Frontage Type: City Street; Highway Roof: Composition; Flat; Rubber Security Features: Security Lights Tenant Pays: None Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Auction YN: No
Original List Price: 999000
Property Sub Type: Mixed Use
Property Attached YN: No
Listing Agreement: Exclusive Right To Sell
Occupant Type: Owner

Location Tax and Legal

Street Number: 816
Street Name: 119th
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46394
Subdivision Name: Smith & Baders 02 West Park Ad

Remarks and Miscellaneous

Public Remarks: High visibility one (1) acre corner on US Highway 41 (Calumet Ave) and 119th Street. There are two buildings on site totaling 10,248 square feet. The property features a 70 vehicle private parking with security lighting. Daily car counts are 22,237. The property is located 2 1/2 miles from casinos, Lake Michigan, an Amtrak Train Station and bike trails. The existing buildings can be converted into multiple business uses or the site could easily be developed. The parcel is flat and all utilities are on site.

Status Change Information

Major Change Timestamp: 2017-09-18T12:26:13Z
Major Change Type: Status Change
Status Change Timestamp: 2017-09-18
Offer Acceptance Date: 2017-09-15
Close Date: 2017-09-18
Close Price: 675000
Buyer Financing: Conventional

More Information

Building Features

Overhead Doors: Yes
Cranes: No
Business District Location: Yes
Enclosed Stair(s): Yes
Exterior Lighting: Yes
Inside Corridor(s): Yes
Lunch Room: Yes
Meeting Room: Yes
Open Dock(s): Yes
Private Restrooms: Yes
Sheet Rock Ceiling(s): Yes
Suspended Ceiling(s): Yes

Exemption Information

Exemption YN: Y

Income and Expenses

New Taxes Expense: 10188
Electric Expense: 0
Gross Income: 0
Gross Scheduled Income: 0
Insurance Expense: 0
Maintenance Expense: 0
Manager Expense: 0
Net Operating Income: 0
Other Expense: 0
Professional Management Expense: 0
Sewer Expense: 0
Supplies Expense: 0
Total Actual Rent: 0
Trash Expense: 0
Water Expense: 0

Showing Requirements

Showing Instructions: Call Nick Sommer for all showings 219-462-2090 ext 213
24 Hour Notice: Yes

Historical Information

Public Historical Remarks: Zoning: COMM, Utilities: On, Roof Structure: Gable, Fire Protect: Fire Extinguishers, Office Sq. Ft.:

Location, Tax, and Legal

Postal Code +4: 1401
Tax Legal Description: Legal Description: WEST PARK ALL LOTS 5,6 & 7 BL.12 W.20FT. L.8 BL.12 & 2ND WEST PARK ADD. L.1 BL.12 AND L.2 BL.12 EX.NW. TRANANGLE OF LOT 1 IN R/W
Parcel Number: 450307151004000023
Zoning Description: Commercial
Township: North
Directions: North on U.S. 41 or Calumet Ave to 119th Street. Located on the Southeast corner.
Cross Street: US 41 / Calumet Ave.

Construction Materials

Brick: Yes
Concrete: Yes
Frame: Yes

Cooling

Central Air: Yes

Electric

220 Volts: Yes

Flooring

Carpet: Yes
Concrete: Yes
Tile: Yes
Wood: Yes

Foundation Details

Block: Yes
Concrete Perimeter: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Parking Features

Private: Yes

Possession

Negotiable: Yes

Road Frontage Type

City Street: Yes
Highway: Yes

Roof

Composition: Yes
Flat: Yes
Rubber: Yes

Security Features

Security Lights: Yes

Utilities

Cable Available: Yes
Electricity Connected: 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

Possible Use

Commercial: Yes
Medical/Dental: Yes
Mixed Use: Yes
Office: Yes
Place of Worship: Yes
Recreational: Yes
Retail: Yes
Other: Yes

Rail Availability

None: Yes

Listing Office: Century 21 Alliance Group

Last Updated: February - 24 - 2024

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