401 W. 82nd Place, Merrillville, IN

Office for Sale - $975,000 - 13,902 Sq. Ft. on 5.42 acres


Agent Info

David Lasser
Commercial In-Sites, LLC

Property Info

CIMLS#1131168
Location
  401 W. 82nd Place
  Merrillville IN 46410
UpdatedAugust 18th, 2022
TypeOffice
Price$975,000
Building13,902 Sq. Ft.
Land5.42 acres

Property Description

This is a unique property in which the buyer can occupy the whole building or lease part of it out. Additional land can be divided and sold or easily enough room to construct 3 more buildings. This is a 13,902 SF brick and concrete block building with fenced yard and a residential house that currently sits on 5.54 acres. The building currently has 2 month to month tenants who will vacate upon the sale of the building and it can be transformed into a single tenant or keep as multi tenant.

Unit 1 interior features: 5,641 SF with 2 offices, 2 bathrooms, warehouse with LED motion detected lights, 14; clear ceiling 2-12'x12' OHD's, mezzanine storage and fenced outer area for parking and or large equipment.

Unit 2 interior features: 5,641 SF with 4 private offices, waiting room, 2 bathrooms, open warehouse with 14' clear height, 1,200 SF mezzanine storage area and 2-12'x12' OHD's.

Unit 3 interior features: 2,620 SF office/showroom equipped with central air/heat, kitchen, finished storage area/warehouse and 2 bathrooms.

All units are separately metered gas/electric, 200 amp, 3 phase service. Currently there is a concrete base and electric in place for up to a 30’ high pylon sign on Merrillville Road on the northside of 82nd Place. This property is on the public transportation bus route stopping at Meijer Grocery Store. Additional 6.94 +/- acres available thru assemblage with the adjoining on market lot asking $349,900 for sale to form 12.48 acres. 2021 INDOT traffic counts for Merrillville Road are 10,371 cars/day. The 2021 pay 2022 taxes for all 3 parcels are $17,468.94.


Financials



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