9407 Indianapolis Boulevard, Highland, IN 46322

$1,300,000
Property Type: Commercial Sale Square Footage: 8,219 Lot Size (sq. ft.): 65,340 Status: Closed
Current Price: $1,300,000 List Date: 12/10/2024 Last Modified: 8/02/2025

Overview

Description

Highly sought after 1.5 acre retail site. Structures on the property include an all brick, 2200 sq. ft., accessible, two story home converted to sales offices and a 3000 sq. ft. building for shop and storage. Seller estimates parking for 120 cars on this B-3 zoned corner acreage. Located at the stop light intersection of Indianapolis Blvd. and Hart Road benefiting from a daily traffic volume in excess of 35,000 vehicles. Located just over 2 miles from I-80/94 on the east side of the Boulevard featuring 200 feet of U.S. Highway 41 frontage(a 4-lane primary artery)and Hart Road frontage of 288 feet. Surrounded by local and national retailers, not limited to: AutoZone, McDonalds, Goodyear, O'Reilly Auto Parts, and Walgreens as well as New Car Dealers including Chevrolet, Chrysler, Ford, Honda, Hyundai, Toyota and Volkswagen. The area within a five-mile radius, has an estimated population over 216,000 residents with 83,000 households.

Listing Details MLS# 801971

General Property Information

Number Of Units Total
2
Living Area
8219
Building Area Source
Assessor
Year Built
1941
Parking Total
100
Lot Size Acres
1.5
Lot Size Square Feet
65340
Lot Size Source
Assessor
Lot Size Dimensions
200'x288'
Waterfront YN
No
Basement YN
Yes

Property Features

Appliances: None Basement: Interior Entry; Unfinished Building Features: Business District Location; Enclosed Stair(s); Hoist; Private Restrooms Community Features: Curbs; Gated; Street Lights Construction Materials: Brick Cooling: Central Air Current Use: Automotive; Commercial; Retail Exterior Features: Lighting; Storage Fencing: Gate; Other Flooring: Concrete; Vinyl Foundation Details: Block Frontage Type: Other Heating: Central; Forced Air; Natural Gas Listing Terms: Cash; Conventional Lot Features: Corner Lot; Paved Owner Pays: All Utilities; Common Area Maintenance; Exterior Maintenance; Telephone Parking Features: Asphalt; Driveway; Paved Possession: Negotiable Possible Use: Automotive; Commercial; Retail Rail Availability: None Road Frontage Type: City Street; Highway Roof: Shingle Security Features: Security Lights; Security System Sewer: Public Sewer Tenant Pays: None Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Underground Utilities Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent; Listing Agent Must Accompany; No Sign; Restricted Hours

Contract Information

Auction YN
No
Original List Price
1600000
Property Sub Type
Business
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
9407
Street Name
Indianapolis
Street Suffix
Boulevard
County
Lake
State
IN
Postal Code
46322
Subdivision Name
Harts Acres Add 02

Remarks and Miscellaneous

Public Remarks
Highly sought after 1.5 acre retail site. Structures on the property include an all brick, 2200 sq. ft., accessible, two story home converted to sales offices and a 3000 sq. ft. building for shop and storage. Seller estimates parking for 120 cars on this B-3 zoned corner acreage. Located at the stop light intersection of Indianapolis Blvd. and Hart Road benefiting from a daily traffic volume in excess of 35,000 vehicles. Located just over 2 miles from I-80/94 on the east side of the Boulevard featuring 200 feet of U.S. Highway 41 frontage(a 4-lane primary artery)and Hart Road frontage of 288 feet. Surrounded by local and national retailers, not limited to: AutoZone, McDonalds, Goodyear, O'Reilly Auto Parts, and Walgreens as well as New Car Dealers including Chevrolet, Chrysler, Ford, Honda, Hyundai, Toyota and Volkswagen. The area within a five-mile radius, has an estimated population over 216,000 residents with 83,000 households.

Status Change Information

Major Change Timestamp
2025-08-02T10:50:56Z
Major Change Type
Status Change
Status Change Timestamp
2025-08-02
Offer Acceptance Date
2025-02-05
Close Date
2025-08-01
Close Price
1300000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
No

Frontage Type

Frontage Length
200'
Other
Yes

Showing Requirements

Showing Instructions
Contact listing agent for appointment. 24 hour advance notice required. Do not enter site without listing agent.
24 Hour Notice
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
No Sign
Yes
Restricted Hours
Yes

Location, Tax, and Legal

School District
Highland School Town
Tax Annual Amount
15423
Tax Year
2023
Tax Legal Description
HART'S ACRES 2ND ADD PT. OF N.200.1FT OF BL.1 1.5AC
Parcel Number
450728304001000026
Zoning Description
Commercial
Township
North
Directions
Indianapolis Boulevard to the SE corner at Hart Rd.
Cross Street
Hart Rd

Appliances

None
Yes

Basement

Interior Entry
Yes
Unfinished
Yes

Community Features

Curbs
Yes
Gated
Yes
Street Lights
Yes

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Exterior Features

Lighting
Yes
Storage
Yes

Fencing

Gate
Yes
Other
Yes

Flooring

Concrete
Yes
Vinyl
Yes

Foundation Details

Block
Yes

Heating

Central
Yes
Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes
Paved
Yes

Parking Features

Asphalt
Yes
Driveway
Yes
Paved
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes
Highway
Yes

Roof

Shingle
Yes

Security Features

Security Lights
Yes
Security System
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes
Underground Utilities
Yes

Water Source

Public
Yes

Owner Pays

All Utilities
Yes
Common Area Maintenance
Yes
Exterior Maintenance
Yes
Telephone
Yes

Tenant Pays

None
Yes

Current Use

Automotive
Yes
Commercial
Yes
Retail
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Retail
Yes

Building Features

Business District Location
Yes
Enclosed Stair(s)
Yes
Hoist
Yes
Private Restrooms
Yes

Rail Availability

None
Yes
Listing Office: McColly Real Estate
Last Updated: August - 02 - 2025
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