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

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2013

Showing Requirements

Showing Instructions
Call listing agent

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