9219 Indianapolis Boulevard, Highland, IN 46322

$3,850,000
Property Type: Commercial Sale Square Footage: 25,204 Lot Size (sq. ft.): 172,062 Status: Active
Current Price: $3,850,000 List Date: 3/18/2025 Last Modified: 2/09/2026

Overview

Description

3.95 AC site for development with the flexibility of qualifying as a Planned Unit Development (PUD). High Traffic volume of ~35,000 Vehicles Per Day on an assemblage of commercial lots gives great opportunity. The three parcels have an existing commercial rental income. Two existing curb cuts give direct access to US Hwy 41. The large Monument Sign provides for exemplary exposure to all who pass.

Listing Details MLS# 817652

General Property Information

Number Of Units Total
46
Living Area
25204
Building Area Source
Assessor
Accessibility Features YN
No
Year Built
1937
Year Built Details
The oldest structure was built in 1937. Assessor records show an effective year of 1975
Parking Total
75
Lot Size Acres
3.95
Lot Size Square Feet
172062
Lot Size Source
Assessor
Waterfront YN
No
Basement YN
No

Property Features

Building Features: Business District Location; Exterior Lighting; Multi Tenant; Office Park Location; Pipeline Crossing Business Type: Mixed Construction Materials: Other Cooling: Other Current Use: Automotive; Commercial; Development; Investment; Mixed Use; Office Electric: 200+ Amp Service Exterior Features: Lighting; Rain Gutters Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional Owner Pays: Exterior Maintenance; Grounds Care; Snow Removal Parking Features: Asphalt; Off Street Possession: Close Of Escrow Rail Availability: None Roof: Asphalt; Composition; Shingle; Other Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: All Utilities; Common Area Maintenance Utilities: Cable Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN
No
Original List Price
4250000
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
9219
Street Name
Indianapolis
Street Suffix
Boulevard
County
Lake
State
IN
Postal Code
46322

Remarks and Miscellaneous

Public Remarks
3.95 AC site for development with the flexibility of qualifying as a Planned Unit Development (PUD). High Traffic volume of ~35,000 Vehicles Per Day on an assemblage of commercial lots gives great opportunity. The three parcels have an existing commercial rental income. Two existing curb cuts give direct access to US Hwy 41. The large Monument Sign provides for exemplary exposure to all who pass.

Status Change Information

Major Change Timestamp
2025-08-28T15:24:05Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-08-28T15:24:05Z
Status Change Timestamp
2025-03-18

More Information

Exemption Information

Exemption YN
No

Showing Requirements

Showing Instructions
Do not approach or disturb tenants in any way. Financial information with non-disclosure agreement. Direct all inquiries to the Listing Agent.

Location, Tax, and Legal

Tax Annual Amount
22152
Tax Year
2022
Tax Legal Description
9209: PT. SW. NW. (297 X 146.66 FT.) S.28 T.36 R.9 1 A. 9219: Pt. SW.1/4 NW.1/4 S.28 T.36 R.9 (146.66x405x293.32x146.66x297ft) 1.733Ac. 9227: Georgalas Add Lot 1
Parcel Number
450728151009000026
Additional Parcels YN
Yes
Additional Parcels Description
450728151008000026, 450728151032000026, 450728151033000026, 450728151034000026
Township
North
Directions
South 2 miles from I-80/94 on Indianapolis Blvd (US Hwy 41) to Site on East side of Highway.

Construction Materials

Other
Yes

Cooling

Other
Yes

Electric

200+ Amp Service
Yes

Exterior Features

Lighting
Yes
Rain Gutters
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Asphalt
Yes
Off Street
Yes

Possession

Close Of Escrow
Yes

Roof

Asphalt
Yes
Composition
Yes
Shingle
Yes
Other
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

City
Yes

Water Source

Public
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Snow Removal
Yes

Tenant Pays

All Utilities
Yes
Common Area Maintenance
Yes

Current Use

Automotive
Yes
Commercial
Yes
Development
Yes
Investment
Yes
Mixed Use
Yes
Office
Yes

Building Features

Business District Location
Yes
Exterior Lighting
Yes
Multi Tenant
Yes
Office Park Location
Yes
Pipeline Crossing
Yes

Business Type

Mixed
Yes

Rail Availability

None
Yes
Listing Office: McColly Real Estate
Last Updated: February - 09 - 2026
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