108-122 W Commercial AVE Active

Lowell,IN 46356

$ 725000

- Bed

- Bath

3540 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $204

Subdivision H J Nichols Add Lowell

MLS Listing ID 816873

Year Built 1905

Annual Tax Amount $13,390

Tax Year 2024

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type Mixed Use

Property Description

Current Leased restaurant location with 1540 SF at 108 W Commercial Ave with Multi year lease, newer plumbing throughout and recently remodeled interior. Office/Single Family building at 116 W Commercial Ave rented yearly lease with 2000 SF was remodeled in the last 10 years with a full bath & flooring on 2nd story, recently repainted top to floor. Tenants are responsible for all utilities & carry renters' insurance. Many possibilities with these properties as there is a vacant lot & side road for additional parking. Investor just needs some vision for what could be here considering the growth in the Lowell community. Property being sold AS-IS, seller to do no repairs.

Location

State IN

County Lake

Zoning Other

Interior

Interior Features Country Kitchen,Laminate Counters,Entrance Foyer

Heating Forced Air,Natural Gas

Fireplace N

Appliance Other,Range,Water Heater,Refrigerator,Range Hood

Exterior

Exterior Feature Private Yard,Rain Gutters

View Y/N true

View true

Accessibility Accessible Approach with Ramp

Handicap Access Accessible Approach with Ramp

Building

Lot Description Other

Schools

School District Tri-Creek

Others

Tax ID 451923384013000008

Acceptable Financing NRA20250304170234107223000000

Listing Terms NRA20250304170234107223000000

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