850 W Lincoln Highway, Merrillville, IN 46410
$725,000
Property Type:
Commercial Sale
Square Footage:
9,990
Lot Size (sq. ft.):
34,412
Status:
Closed
Current Price:
$725,000
List Date:
8/14/2014
Last Modified:
6/19/2024
Overview
Description
Listing Details MLS# 356516
General Property Information
- Living Area
- 9990
- Building Area Source
- Assessor
- Year Built
- 1980
- Lot Size Acres
- 0.79
- Lot Size Square Feet
- 34412
- Lot Size Dimensions
- 115x300
- Waterfront YN
- No
- Stories
- Yes
Property Features
Building Features:
Business District Location; Exposed Under Roof Ceiling(s); Exterior Lighting; Mixed Use; Public Restrooms; Suspended Ceiling(s); Other
Construction Materials:
Block; Brick; Concrete; Steel Siding
Cooling:
Central Air
Current Use:
Automotive; Mixed Use; Retail; Warehouse
Electric:
Circuit Breakers
Flooring:
Tile
Foundation Details:
Block; Brick/Mortar; Concrete Perimeter
Heating:
Forced Air; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Assigned; Open; Paved
Possession:
Negotiable
Possible Use:
Mixed Use; Retail; Warehouse
Rail Availability:
None
Road Frontage Type:
Highway
Roof:
Fiberglass; Metal; Other
Security Features:
Other
Tenant Pays:
Gas; Water
Utilities:
Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Showing Requirements:
24 Hour Notice; Appointment Only; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 750000
- Property Sub Type
- Retail
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 850
- Street Direction Prefix
- W
- Street Name
- Lincoln
- Street Suffix
- Highway
- County
- Lake
- State
- IN
- Postal Code
- 46410
- Subdivision Name
- Columbus
Remarks and Miscellaneous
- Public Remarks
- This building has much to offer! 115 ft frontage on busy US HWY 30, plenty of traffic, corner location located at stoplight intersection, 10 bays, (5 doubles) large overhead doors, large waiting room, flexicore floor with huge open basement for storage. Former tire store. Many potential uses. Lots of mixed commerce on this strip.
Status Change Information
- Major Change Timestamp
- 2015-05-06T12:24:06Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2015-05-06
- Offer Acceptance Date
- 2015-05-05
- Close Date
- 2015-05-06
- Close Price
- 725000
- Buyer Financing
- Conventional
More Information
Building Features
- Cranes
- no
Exemption Information
- Exemption YN
- Y
Income and Expenses
- Gross Scheduled Income
- 78000
- Net Operating Income
- 78000
- New Taxes Expense
- 15107
- Total Actual Rent
- 78000
Showing Requirements
- Showing Instructions
- please allow 24-48 hours for appointment., Must use showing assist
Historical Information
- Public Historical Remarks
- Zoning: COMM, Utilities: On, Frontage Access: Stop Sign Intersect, Roof Structure: Pitched, Fire Protect: Fire Extinguishers, Overhead Doors:
Listing Office:
McColly Real Estate
Last Updated: June - 19 - 2024
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