938 W 81st Avenue, Merrillville, IN 46410

$665,000
Property Type: Commercial Sale Square Footage: 6,080 Lot Size (sq. ft.): 52,925 Status: Closed
Current Price: $665,000 List Date: 4/22/2020 Last Modified: 2/24/2024

Overview

Description

Over 6,000 SF building available on Hwy 30. 1 + acre lot offers plenty of parking for your customers. Traditionally operated as a restaurant, most recently Oriental Buffet. Large, clean kitchen area with extra large cooler and freezer. Includes kitchen equipment, tables, booths, seating. Everything needed to get up and running. This much space on Hwy 30 does not become available often. Come take a look today!

Listing Details MLS# 473850

General Property Information

Living Area
6080
Building Area Source
Assessor
Year Built
1979
Lot Size Acres
1.215
Lot Size Square Feet
52925
Lot Size Dimensions
158 x 337
Stories
0

Property Features

Building Features: Public Restrooms; Suspended Ceiling(s); Other Construction Materials: Stone; Other Cooling: Central Air Current Use: Commercial Electric: Other Flooring: Carpet Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Paved Possession: Close Of Escrow Possible Use: Commercial Rail Availability: None Road Frontage Type: Highway Roof: Flat; Other Security Features: Fire Sprinkler System Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: 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
Owner

Location Tax and Legal

Street Number
938
Street Direction Prefix
W
Street Name
81st
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46410
Subdivision Name
Columbus Sub

Remarks and Miscellaneous

Public Remarks
Over 6,000 SF building available on Hwy 30. 1 + acre lot offers plenty of parking for your customers. Traditionally operated as a restaurant, most recently Oriental Buffet. Large, clean kitchen area with extra large cooler and freezer. Includes kitchen equipment, tables, booths, seating. Everything needed to get up and running. This much space on Hwy 30 does not become available often. Come take a look today!

Status Change Information

Major Change Timestamp
2020-04-30T11:52:56Z
Major Change Type
Status Change
Status Change Timestamp
2020-04-30
Offer Acceptance Date
2020-04-30
Close Date
2020-04-30
Close Price
665000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
16340
Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
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
Contact Listing agent. LA may be present for all showings.
Listing Agent Must Accompany
Yes

Historical Information

Public Historical Remarks
Utilities: On, Frontage Access: Frontage Road, Parking: Public Parking, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
5314
Tax Legal Description
Legal Description: COLUMBUS SUB PART OF LOT 2 (S'LY 335.33 PART)
Parcel Number
451221176009000030
Township
Ross
Directions
I-65 to US 30 west to Tyler St. Restaurant is on north side of US 30.

Construction Materials

Stone
Yes
Other
Yes

Cooling

Central Air
Yes

Electric

Other
Yes

Flooring

Carpet
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

Highway
Yes

Roof

Flat
Yes
Other
Yes

Security Features

Fire Sprinkler System
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Current Use

Commercial
Yes

Possible Use

Commercial
Yes

Building Features

Public Restrooms
Yes
Suspended Ceiling(s)
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: Coldwell Banker Market Connect
Last Updated: February - 24 - 2024
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