Merrillville, IN 46410

$985,000
Property Type: Commercial Sale Square Footage: 2,789 Lot Size (sq. ft.): 37,462 Status: Closed
Current Price: $985,000 List Date: 8/17/2020 Last Modified: 2/24/2024

Overview

Description

Sold before print

Listing Details MLS# 479820

General Property Information

Living Area
2789
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
1997
Lot Size Acres
0.86
Lot Size Square Feet
37462
Lot Size Dimensions
irregular
Waterfront YN
No
Stories
0

Property Features

Building Features: Business District Location; Exterior Lighting; Suspended Ceiling(s) Construction Materials: Brick Cooling: Central Air Current Use: Medical/Dental Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service Flooring: Tile Foundation Details: Brick/Mortar Heating: Forced Air Interior Features: Elevator Listing Terms: Conventional Parking Features: Common; Paved Possession: Close Of Escrow Possible Use: Commercial; Medical/Dental; Office; Recreational; Retail Rail Availability: None Road Frontage Type: City Street Roof: Rubber Security Features: Fire Alarm Tenant Pays: Exterior Maintenance; Grounds Care; Hot Water; HVAC Maintenance; Water Utilities: Electricity Connected; Natural Gas Available Showing Requirements: Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
985000
Property Sub Type
Office
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant

Location Tax and Legal

County
Lake
State
IN
Postal Code
46410
Subdivision Name
8400 Broadway Bus Complex

Remarks and Miscellaneous

Public Remarks
Sold before print

Status Change Information

Major Change Timestamp
2020-08-17T11:53:32Z
Major Change Type
New Listing
Status Change Timestamp
2020-08-17
Offer Acceptance Date
2020-08-17
Close Date
2020-08-17
Close Price
985000
Concessions
No
Buyer Financing
Conventional

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

Expense Year
2019
Gross Income
25941
Gross Scheduled Income
98184
Net Operating Income
47323
New Taxes Expense
16193
Total Actual Rent
72243
Electric Expense
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Trash Expense
0
Water Expense
0

Showing Requirements

Showing Instructions
Call agent
Listing Agent Must Accompany
Yes

Historical Information

Public Historical Remarks
Utilities: On, Roof Structure: Pitched

Location, Tax, and Legal

Postal Code +4
6220
Tax Legal Description
Legal Description: 8400 BROADWAY BUSINESS COMPLEX LOT 1
Parcel Number
451222353001000030
Township
Ross
Directions
US 30 to Broadway South

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Electric

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

Flooring

Tile
Yes

Foundation Details

Brick/Mortar
Yes

Heating

Forced Air
Yes

Interior Features

Elevator
Yes

Listing Terms

Conventional
Yes

Parking Features

Common
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Roof

Rubber
Yes

Security Features

Fire Alarm
Yes

Utilities

Electricity Connected
Yes
Natural Gas Available
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Hot Water
Yes
HVAC Maintenance
Yes
Water
Yes

Current Use

Medical/Dental
Yes

Possible Use

Commercial
Yes
Medical/Dental
Yes
Office
Yes
Recreational
Yes
Retail
Yes

Building Features

Business District Location
Yes
Exterior Lighting
Yes
Suspended Ceiling(s)
Yes

Rail Availability

None
Yes
Listing Office: Realty Executives Premier
Last Updated: February - 24 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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