Property Listing No Longer Available for Sale

7905 Broadway, Merrillville, IN

Retail for Sale - $1,195,000 - 7,785 Sq. Ft. on 3.61 acres


Property Info

CIMLS#1060974
Location
  7905 Broadway
  Merrillville IN 46410
UpdatedJuly 11th, 2022
TypeRetail
Price$1,195,000
Building7,785 Sq. Ft.
Land3.61 acres

Property Description

This is one of the best redevelopment site opportunities to come available in Merrillville! The current Geisen Funeral Home building sits on a vast 3.61 acres site at the northeast corner of the high traffic stoplight intersection of Broadway (SR 51) and 80th Street, which is 1 block north of U.S. Highway 30 and less than 1 mile west of I-65. 80th Place is one of the few access points 2 blocks west of the proposed Farm at Crossroads Commons, a White Lodging $350 million development of the former Radisson/Star Theatre/Twin Towers that have all been recently razed.

This property is suitable for tear down and redevelopment or renovation and subdivision into 2 parcels and more for restaurants, hotels, retail, office or medical uses. The current building is 7,785 SF on the main level with a 1,485 SF apartment a 5,103 SF basement. The site features 414' of frontage on Broadway (S.R. 53) and 375' of frontage on 80th Place. All utilities and offsite drainage are in place. 2018 IDOT traffic counts on Broadway are 17,306 cars/day.


Financials



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