9501 Indianapolis Boulevard, A-B-C, Highland, IN 46322

$603,000
Property Type: Commercial Sale Square Footage: 15,133 Lot Size (sq. ft.): 68,563 Status: Closed
Current Price: $603,000 List Date: 1/22/2013 Last Modified: 2/24/2024

Overview

Description

OPPORTUNITY FOR AN OWNER TO OCCUPY A CLASS A BUILDING WITH TENANTS!!! SERIOUS BUYERS ONLY!! Three separate buildings on Indianapolis Blvd in Boulevard Park. Only one building is vacant. Buildings were either renovated or constructed new in 2000. Building A is 3,798 SF and fully leased, Building B is 3,315 SF and fully leased. Building C is completely finished with newer carpeting and/or hardwood. Other features include 9' drop ceilings, solid core doors, cable internet, and wood frame crank windows. There are 70+ parking spaces on premises. The property is located within one of the MOST well established commercial/retail shopping districts in Northwest Indiana!! Huge daily car counts. Call to see today!

Listing Details MLS# 321270

General Property Information

Living Area
15133
Building Area Source
Appraiser
Accessibility Features YN
Yes
Year Built
2000
Lot Size Acres
1.574
Lot Size Square Feet
68563
Lot Size Dimensions
103 x 447
Waterfront YN
No
Stories
2

Property Features

Building Features: Business District Location; Enclosed Stair(s); Meeting Room; Multi Tenant; Suspended Ceiling(s); Other Construction Materials: Concrete; Stucco; Other Cooling: Central Air Current Use: Commercial; Medical/Dental; Office; Retail Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service Flooring: Carpet; Tile; Wood Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Private Possible Use: Commercial; Mixed Use; Office; Place of Worship; Retail; Other Rail Availability: None Road Frontage Type: Highway Roof: Flat; Rubber Security Features: Security Lights Special Listing Conditions: Real Estate Owned (REO) Tenant Pays: Gas; Water Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected Water Source: Public Showing Requirements: Appointment Only

Contract Information

Auction YN
No
Original List Price
1420000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

Street Number
9501
Street Name
Indianapolis
Street Suffix
Boulevard
Unit Number
A-B-C
County
Lake
State
IN
Postal Code
46322
Subdivision Name
Boulevard Park

Remarks and Miscellaneous

Public Remarks
OPPORTUNITY FOR AN OWNER TO OCCUPY A CLASS A BUILDING WITH TENANTS!!! SERIOUS BUYERS ONLY!! Three separate buildings on Indianapolis Blvd in Boulevard Park. Only one building is vacant. Buildings were either renovated or constructed new in 2000. Building A is 3,798 SF and fully leased, Building B is 3,315 SF and fully leased. Building C is completely finished with newer carpeting and/or hardwood. Other features include 9' drop ceilings, solid core doors, cable internet, and wood frame crank windows. There are 70+ parking spaces on premises. The property is located within one of the MOST well established commercial/retail shopping districts in Northwest Indiana!! Huge daily car counts. Call to see today!

Status Change Information

Major Change Timestamp
2024-02-18T02:29:37Z
Major Change Type
Price Reduced
Price Change Timestamp
2024-02-18T02:29:37Z
Status Change Timestamp
2016-05-02
Offer Acceptance Date
2016-01-12
Close Date
2016-05-02
Close Price
603000
Buyer Financing
Conventional

More Information

Building Features

Number of Offices
10
Office SqFt
15133
Business District Location
Yes
Enclosed Stair(s)
Yes
Meeting Room
Yes
Multi Tenant
Yes
Suspended Ceiling(s)
Yes
Other
Yes

Exemption Information

Exemption YN
Y

Income and Expenses

Electric Expense
1200
Expense Year
2011
Gross Scheduled Income
116220
Insurance Expense
5000
Net Operating Income
73400
New Taxes Expense
21500
Professional Management Expense
2400
Sewer Expense
720
Total Actual Rent
116220
Trash Expense
1500
Water Expense
500
Gross Income
0
Maintenance Expense
0
Manager Expense
0
Other Expense
0
Supplies Expense
0

Showing Requirements

Showing Instructions
48hr Notice. Combo box is located on Unit C. Combination is 9301, Call Listing Office 48 hours in advance of appointment
Appointment Only
Yes

Historical Information

Public Historical Remarks
Zoning: BUSO, Utilities: On, Utilities: Storm Sewer Avail., Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Tax Legal Description
Legal Description: BOULEVARD PARK LOT 2
Parcel Number
450728351001000026
Zoning Description
Business
Township
North
Directions
Complex is called Boulevard Park. Located on the east side of Indianapolis Blvd, just south of Hart Rd.
Cross Street
Hart Rd.

Construction Materials

Concrete
Yes
Stucco
Yes
Other
Yes

Cooling

Central Air
Yes

Electric

100 Amp Service
Yes
150 Amp Service
Yes
200+ Amp Service
Yes

Flooring

Carpet
Yes
Tile
Yes
Wood
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Private
Yes

Road Frontage Type

Highway
Yes

Roof

Flat
Yes
Rubber
Yes

Security Features

Security Lights
Yes

Special Listing Conditions

Real Estate Owned (REO)
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes
Water
Yes

Current Use

Commercial
Yes
Medical/Dental
Yes
Office
Yes
Retail
Yes

Possible Use

Commercial
Yes
Mixed Use
Yes
Office
Yes
Place of Worship
Yes
Retail
Yes
Other
Yes

Rail Availability

None
Yes
Listing Office: Century 21 Alliance Group
Last Updated: February - 24 - 2024
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