9246-9250 Columbia Avenue, Munster, IN 46321

$600,000
Property Type: Commercial Sale Square Footage: 17,028 Lot Size (sq. ft.): 56,192 Status: Closed
Current Price: $600,000 List Date: 4/29/2016 Last Modified: 2/24/2024

Overview

Description

GROUND LEASE FOR SALE - ABSOLUTE NNN - PURE CASH FLOW, NO RESPONSIBILITIES - JUST SIT BACK AND COLLECT YOUR MONTHLY CHECK. Building reverts to ground lease owner at lease term end. - Columbia Ave right near Community Hospital. 1.29 Acres of land with an over 17,000 sq ft medical office building attached.

Listing Details MLS# 392945

General Property Information

Living Area
17028
Building Area Source
Builder
Year Built
1979
Lot Size Acres
1.29
Lot Size Square Feet
56192
Lot Size Dimensions
Irregular
Waterfront YN
No
Stories
2

Property Features

Building Features: Acoustical Ceiling(s); Janitorial Service; Multi Tenant; Office Park Location; Passenger Elevator(s); Other Construction Materials: Brick Cooling: Central Air Current Use: Medical/Dental; Office Electric: 200+ Amp Service Flooring: Carpet; Tile Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Common; Lighted; Open; Paved; Private Possession: Negotiable Possible Use: Medical/Dental; Office Rail Availability: Potential Roof: Mansard; Slate; Tile Security Features: Fire Alarm; Fire Sprinkler System Tenant Pays: Gas; Other Tax; Water Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Showing Requirements: Appointment Only; Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
800000
Property Sub Type
Office
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
9246-9250
Street Name
Columbia
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46321
Subdivision Name
Fairmeadow

Remarks and Miscellaneous

Public Remarks
GROUND LEASE FOR SALE - ABSOLUTE NNN - PURE CASH FLOW, NO RESPONSIBILITIES - JUST SIT BACK AND COLLECT YOUR MONTHLY CHECK. Building reverts to ground lease owner at lease term end. - Columbia Ave right near Community Hospital. 1.29 Acres of land with an over 17,000 sq ft medical office building attached.

Status Change Information

Major Change Timestamp
2016-10-26T12:26:50Z
Major Change Type
Status Change
Status Change Timestamp
2016-10-26
Offer Acceptance Date
2016-07-13
Close Date
2016-10-26
Close Price
600000
Buyer Financing
Cash

More Information

Building Features

Office SqFt
17028
Acoustical Ceiling(s)
Yes
Janitorial Service
Yes
Multi Tenant
Yes
Office Park Location
Yes
Passenger Elevator(s)
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2013
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

Showing Requirements

Showing Instructions
Call listing agent
Appointment Only
Yes
Listing Agent Must Accompany
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Frontage Access: Public Road, Parking: Public Parking, Fire Protect: Fire Extinguishers, Number of Offices: 9 Rental Suites

Location, Tax, and Legal

Tax Legal Description
Legal Description: FAIRMEADOW 32ND ADD. LOT 1 EXCEPT PART LY'G NORTH OF SOUTH 208.86FT.
Parcel Number
450730154004000027
Zoning Description
Commercial
Township
North
Directions
Columbia Ave near Community Hospital

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Electric

200+ Amp Service
Yes

Flooring

Carpet
Yes
Tile
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Common
Yes
Lighted
Yes
Open
Yes
Paved
Yes
Private
Yes

Possession

Negotiable
Yes

Roof

Mansard
Yes
Slate
Yes
Tile
Yes

Security Features

Fire Alarm
Yes
Fire Sprinkler System
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes
Other Tax
Yes
Water
Yes

Current Use

Medical/Dental
Yes
Office
Yes

Possible Use

Medical/Dental
Yes
Office
Yes

Rail Availability

Potential
Yes
Listing Office: Prime Real Estate / Lifstyl Re
Last Updated: February - 24 - 2024
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