8510-8514 Broadway, Merrillville, IN

Office for Sale - $2,570,000 - 14,680 Sq. Ft. on 1.08 acres


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Agent Info

NameDavid Lasser
CompanyCommercial In-Sites, LLC

Property Info

CIMLS #1008878
Location8510-8514 Broadway
Merrillville IN 46410
Last UpdatedJune 5th, 2018
TypeOffice
Price$2,570,000
Building14,680 Sq. Ft.
Land1.08 acres
DemographicsView data

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Property Description

This is a two-unit condominium two-story medical office building. The north approximately two thirds is for sale, containing a total of 14,680 SF with 9,772 +/-SF on the main and 4,908+/- SF on the second floor. Constructed in 1991 with a second-floor addition build out in the north end of the building in 2005. 2017 exterior renovations include: replacement of handicap ramp, newly tuckpointed windows, resurface the parking lot with new storm drains, 2018 replacement of the roof, and landscaping. Ideal for all types of medical and professional office uses. The 1st floor middle unit features a vestibule entry with glass enclosed reception desk, waiting room, procedure room, two operating rooms, laser room, post operation recovery room, refrigeration room, and two half bathrooms. The right unit features a reception desk, waiting room, three bathrooms, three private offices, six exam rooms, mechanical room, and storage closets. The upper level features a staff lounge, conference room, meeting room, 2 employee bathrooms with lockers, laboratory, office, mechanical room, storage closets and doctor’s office with bathroom. *Seller is relocating to larger new construction in 2019 thus is wiling to sell and lease back for some term. 2017 pay 2018 taxes $16,542.64.

Located 300' west of Broadway between the two 84th and 86th Avenue stoplights. 1/2 mile south of U.S. Route 30. 3/4 mile southwest of I-65 highway interchange. Methodist Hospital is located two blocks southeast. The Fortune 500 NiSource/NIPSCO headquarters is 1/2 mile east. Several banks and restaurants are in the immediate vicinity including Fifth Third, Horizon, Chase, and Centier, Applebee's, Portillos, McAlister's Deli, Panera, House of Kobe, Gamba's and many more.


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