Property Listing No Longer Available for Sale

8252-8256 Hohman Ave, Munster, IN

Office for Sale - $505,000 - 5,602 Sq. Ft. on 0.4 acres


Property Info

CIMLS#904538
Location
  8252-8256 Hohman Ave
  Munster IN 46321
UpdatedOctober 13th, 2016
TypeOffice
Price$505,000
Building5,602 Sq. Ft.
Land0.4 acres

Property Description

2 unit office building for sale at the Northwest corner of Ridge Road and Hohman in Munster. The building is 5,602 SF with two relatively equally sized units one occupied and the other vacant. The occupied unit has a long term tenant on a month-month lease. Tenant is willing to sign a new lease (per current owner). Vacant unit is a professional office space with approximately 9 offices, one breakroom, large open area for receptionist/IT equipment, and two bathrooms.

Location Description:

Northwest corner of Hohman Ave. and Ridge Road. Property is at a lighted intersection with excellent visibility to over 20,000 vehicles/day. The property is located a block from the Indiana/Illinois border near the Strack & Van Til's.Also located about 5 minutes to I-80/94 interchange at Calumet Avenue.

Munster is a town located in Lake County, in Northwest Indiana. This bedroom community lies in the Chicago metropolitan area, only about a 30 minute drive to the Chicago Loop. The town shares municipal boundaries with Hammond to the north, Highland to the east, Dyer and Schererville to the south and Lansing and Lynwood directly west of the Illinois border. The 2010 U.S. Census counted the town's population at 23,603.

Highlights:

>> Signlaized Intersection provding great exposure

>> Visibility to over 20,000 vehicles/day

>> Over 130' of frontage on Ridge Rd

>> Brick Exterior

>> Value Add Investment Potential

>> Near Indiana/Illinois Stateline

>> 5 Minutes to Interchange at I-80/94 & Calumet Ave.

* Email for additional photos


Financials


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