8516 Henry Street, Highland, IN 46322 (MLS# 360236)

8516 Henry Street, Highland, IN 46322

$500,000

Property Type: Commercial Sale Square Footage: 17,210 Lot Size (sq. ft.): 31,700 Status: Closed

Current Price: $500,000 List Date: 10/13/2014 Last Modified: 2/24/2024

Overview

Description

Located just off Kennedy Ave. behind the Highland post office, this business complex combines a 10,380 SF office building with a 6,830 SF warehouse. A well lit 63 space parking lot is just one of the added benefits of this property. The office building features private offices, open versatile space, kitchen/lunch rooms, and separate men's and women's bathrooms per floor. The front stairway also includes an elevator lift. Each floor has it's own furnace and A/C. All modern phone and internet services are installed. The warehouse is attached to the office building. This building is separated into 3 separate areas, each with it's own gas heater and bathrooms. A small office sets just off the 1st section. 1 exterior overhead door services the 3 sections which are accessed by separate interior over head doors. Options galore w this property: church, multiple offices or one large company, etc. Complex is vacant so buyer can design or develop to their business needs. Sold AS IS

Listing Details MLS# 360236

General Property Information

Living Area: 17210
Building Area Source: Builder
Year Built: 1984
Lot Size Acres: 0.7277
Lot Size Square Feet: 31700
Lot Size Dimensions: 60.76' x 150' x 112.5' x 200.76
Stories: 2

Property Features

Building Features: Commercial Park Location; Enclosed Stair(s); Exterior Lighting; Hoist; Hydraulic Lift; Inside Corridor(s); Lunch Room; Meeting Room; Private Restrooms; Public Restrooms; Sheet Rock Ceiling(s); Suspended Ceiling(s) Construction Materials: Block; Brick; Concrete; Frame; Steel Siding; Other Cooling: Central Air; Exhaust Fan Current Use: Investment; Mixed Use; Office; Place of Worship; Recreational; Warehouse Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service; Circuit Breakers; Separate Meters Flooring: Carpet; Concrete; Tile Foundation Details: Block; Concrete Perimeter Heating: Ceiling; Central; Forced Air; Natural Gas; Zoned Interior Features: Elevator; High Speed Internet Listing Terms: Cash; Conventional Parking Features: Common; Lighted; Open; Oversized; Paved Possession: Negotiable Possible Use: Automotive; Commercial; Industrial; Medical/Dental; Office; Place of Worship; Recreational; Warehouse; Other Rail Availability: None Road Frontage Type: City Street Roof: Aluminum; Composition; Mansard; Membrane Security Features: Security Lights; Smoke Detector(s) Tenant Pays: Gas; Water Utilities: Cable Available; Detention Pond; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice; Listing Agent Must Accompany

Contract Information

Auction YN: No
Original List Price: 649900
Property Sub Type: Office
Listing Agreement: Exclusive Right To Sell
Owner Name: Owner of Record
Occupant Type: Vacant

Location Tax and Legal

Street Number: 8516
Street Name: Henry
Street Suffix: Street
County: Lake
State: IN
Postal Code: 46322
Subdivision Name: Kennedy Center

Remarks and Miscellaneous

Public Remarks: Located just off Kennedy Ave. behind the Highland post office, this business complex combines a 10,380 SF office building with a 6,830 SF warehouse. A well lit 63 space parking lot is just one of the added benefits of this property. The office building features private offices, open versatile space, kitchen/lunch rooms, and separate men's and women's bathrooms per floor. The front stairway also includes an elevator lift. Each floor has it's own furnace and A/C. All modern phone and internet services are installed. The warehouse is attached to the office building. This building is separated into 3 separate areas, each with it's own gas heater and bathrooms. A small office sets just off the 1st section. 1 exterior overhead door services the 3 sections which are accessed by separate interior over head doors. Options galore w this property: church, multiple offices or one large company, etc. Complex is vacant so buyer can design or develop to their business needs. Sold AS IS

Status Change Information

Major Change Timestamp: 2014-10-21T11:49:01Z
Major Change Type: Status Change
Status Change Timestamp: 2014-10-21
Offer Acceptance Date: 2014-10-13
Close Date: 2014-10-21
Close Price: 500000
Buyer Financing: Conventional

More Information

Building Features

Building Dimensions: 55'x90',35'x50',55'x89.97',12'x15',12'x20'
Overhead Doors: 3
Commercial Park Location: Yes
Enclosed Stair(s): Yes
Exterior Lighting: Yes
Hoist: Yes
Hydraulic Lift: Yes
Inside Corridor(s): Yes
Lunch Room: Yes
Meeting Room: Yes
Private Restrooms: Yes
Public Restrooms: Yes
Sheet Rock Ceiling(s): Yes
Suspended Ceiling(s): Yes

Exemption Information

Exemption YN: Y

Showing Requirements

Showing Instructions: 24 Hours Requested, Listing Agent to be at all Showings
24 Hour Notice: Yes
Listing Agent Must Accompany: Yes

Historical Information

Public Historical Remarks: Zoning: COMM, Utilities: On, Electrical Service: 120 Volts, Air Cond/Ventilation: Office Only, Bldg. Exterior: Alum/Vinyl Wndw Trim, Parking: Public Parking, Roof Structure: Pitched,Truss, Utilities: Storm Sewer Avail., Fire Protect: Fire Extinguishers, Office Sq. Ft.:

Location, Tax, and Legal

Tax Legal Description: Legal Description: Kennedy Center Lot 3 and Kennedy Center 2nd & Addition Lots 1 and 2
Parcel Number: 450721326007000026
Zoning Description: Commercial
Township: North
Directions: In Highland take Kennedy Avenue to LaPort Street (by the Highland Post Office), turn East and go to Henry Street. This building is directly behind the Post Office.
Cross Street: LaPorte

Construction Materials

Block: Yes
Brick: Yes
Concrete: Yes
Frame: Yes
Steel Siding: Yes
Other: Yes

Cooling

Central Air: Yes
Exhaust Fan: Yes

Electric

100 Amp Service: Yes
150 Amp Service: Yes
200+ Amp Service: Yes
Circuit Breakers: Yes
Separate Meters: Yes

Flooring

Carpet: Yes
Concrete: Yes
Tile: Yes

Foundation Details

Block: Yes
Concrete Perimeter: Yes

Heating

Ceiling: Yes
Central: Yes
Forced Air: Yes
Natural Gas: Yes
Zoned: Yes

Interior Features

Elevator: Yes
High Speed Internet: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Common: Yes
Lighted: Yes
Open: Yes
Oversized: Yes
Paved: Yes

Possession

Negotiable: Yes

Road Frontage Type

City Street: Yes

Roof

Aluminum: Yes
Composition: Yes
Mansard: Yes
Membrane: Yes

Security Features

Security Lights: Yes
Smoke Detector(s): Yes

Utilities

Cable Available: Yes
Detention Pond: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer 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

Current Use

Investment: Yes
Mixed Use: Yes
Office: Yes
Place of Worship: Yes
Recreational: Yes
Warehouse: Yes

Possible Use

Automotive: Yes
Commercial: Yes
Industrial: Yes
Medical/Dental: Yes
Office: Yes
Place of Worship: Yes
Recreational: Yes
Warehouse: Yes
Other: Yes

Rail Availability

None: Yes

Listing Office: McColly Real Estate

Last Updated: February - 24 - 2024

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