9600 W 133rd Avenue, Cedar Lake, IN 46303

$630,000
Property Type: Commercial Sale Square Footage: 1,421 Lot Size (sq. ft.): 13,634 Status: Closed
Current Price: $630,000 List Date: 6/05/2023 Last Modified: 2/24/2024

Overview

Description

Commercial Location just does not get any better w/ this highly visible corner location!!! Zoned B3 with unlimited potential!!!This is an excellent opportunity to invest in a well-established Auto Service Center in this growing community!!! Building and site is located on major retail trade area and one of the most highly traveled roads with high traffic counts in town. Three bay shop provides all auto service to local NEW/repeat customers and is a manageablesize business. Clean and organized business-- ONE of a kind. 120'+ frontage on 133rd Ave with over 20+ parking spaces, solid building with ceiling height of 14', three 12'x10' overhead doors, bays and hoists. Ample electrical service, and well maintained building inside and out!!!!This owner has been in business since 1975 and is retiring. Many possibilities with a B3 use outside of an automotive center---limitless service type business will do very well with the location!!!

Listing Details MLS# 531487

General Property Information

Living Area
1421
Building Area Source
Assessor
Year Built
1960
Lot Size Acres
0.313
Lot Size Square Feet
13634
Lot Size Dimensions
120'x35'x70'x140'x100'
Stories
Yes

Property Features

Building Features: Business District Location; Exterior Lighting; Hoist; Hydraulic Lift; Private Restrooms; Other Construction Materials: Concrete; Steel Siding; Other Cooling: Central Air; Exhaust Fan Current Use: Automotive; Mixed Use; Retail Electric: 200+ Amp Service Flooring: Concrete Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Lighted; Paved; Private Possession: Close Of Escrow Possible Use: Automotive; Commercial; Mixed Use Rail Availability: None Roof: Flat; Rubber Security Features: Smoke Detector(s) Tenant Pays: None Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
647900
Property Sub Type
Retail
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
9600
Street Direction Prefix
W
Street Name
133rd
Street Suffix
Avenue
County
Lake
State
IN
Postal Code
46303
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Commercial Location just does not get any better w/ this highly visible corner location!!! Zoned B3 with unlimited potential!!!This is an excellent opportunity to invest in a well-established Auto Service Center in this growing community!!! Building and site is located on major retail trade area and one of the most highly traveled roads with high traffic counts in town. Three bay shop provides all auto service to local NEW/repeat customers and is a manageablesize business. Clean and organized business-- ONE of a kind. 120'+ frontage on 133rd Ave with over 20+ parking spaces, solid building with ceiling height of 14', three 12'x10' overhead doors, bays and hoists. Ample electrical service, and well maintained building inside and out!!!!This owner has been in business since 1975 and is retiring. Many possibilities with a B3 use outside of an automotive center---limitless service type business will do very well with the location!!!

Status Change Information

Major Change Timestamp
2023-08-23T12:35:11Z
Major Change Type
Status Change
Status Change Timestamp
2023-08-23
Offer Acceptance Date
2023-06-05
Close Date
2023-08-23
Close Price
630000
Concessions
No
Buyer Financing
Conventional

More Information

Building Features

Building Dimensions
65'X 29'
Clear Ceiling Height
14' APPROX
Cranes
NA
Industrial Park Name
NA
Number of Offices
Yes
Office SqFt
50
Overhead Doors
3
Business District Location
Yes
Exterior Lighting
Yes
Hoist
Yes
Hydraulic Lift
Yes
Private Restrooms
Yes
Other
Yes

Exemption Information

Exemption YN
N

Frontage Type

Frontage Length
135' approx

Income and Expenses

Electric Expense
2500
Insurance Expense
2000
New Taxes Expense
2488
Sewer Expense
1200
Trash Expense
600
Water Expense
850
Gross Income
0
Gross Scheduled Income
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
Other Expense
0
Professional Management Expense
0
Supplies Expense
0
Total Actual Rent
0

Lock Box Information

Lock Box Serial Number
NA

Showing Requirements

Showing Instructions
Use showing assist
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Utilities: On, Frontage Access: Public Road,Signal Intersection, Roof Structure: Pitched,Steel Joist, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
9702
Tax Legal Description
Legal Description: S.140FT. OF E.170FT. OF SE EX. PT. E. & S. 30FT OF S.21 T.34 R.9 .313AC.
Parcel Number
451521476027000014
Township
Hanover
Directions
Rt 41 to 133rd Ave, T-east to property approx 1.5mile
Cross Street
Parrish Ave

Construction Materials

Concrete
Yes
Steel Siding
Yes
Other
Yes

Cooling

Central Air
Yes
Exhaust Fan
Yes

Electric

200+ Amp Service
Yes

Flooring

Concrete
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Corner Lot
Yes

Parking Features

Lighted
Yes
Paved
Yes
Private
Yes

Possession

Close Of Escrow
Yes

Roof

Flat
Yes
Rubber
Yes

Security Features

Smoke Detector(s)
Yes

Utilities

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

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

None
Yes

Current Use

Automotive
Yes
Mixed Use
Yes
Retail
Yes

Possible Use

Automotive
Yes
Commercial
Yes
Mixed Use
Yes

Rail Availability

None
Yes
Listing Office: McColly Real Estate
Last Updated: February - 24 - 2024
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