$210,000 1201 Central Ave Lake Station, IN

MLS: 421386   Type: Commercial   County: Lake   City: Lake Station   Neighborhood: Lake Station   Zip: 46405   Style: Office  

Mortgage $986 /mo

Beds

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Sqr Footage

Lot Size

Built

0

0

0

4,000

7,000

1946

LEASE OPTION * 1 Story Block Stucco Building Completely Rehabbed in 2006, from Block Out, Roof, Mechanicals, Everything * Busy 4 Lane Commercial Street Frontage * Potential $38,200+ Gross a Year Income * Expenses $10,497 * Net Income $28,295 and Potential For More * Net Passive Income * 4000 Square Feet * 1600 S.F. Main office consist of 24x16 Conference Room (Can be by Buyer and let other rents pay all expenses) Includes 40x20 Open Space with 12x10 Office with Window, Second 12x10 Office, Kitchen, His and Hers Baths, Plus Storage Closets * 7 Additional Office Spaces 11x10 (Approximately) * 2 Energy Efficient Furnaces * 2 Central Air Units * 2 Thermostats * 3rd 1/2 Bath * 13 Parking Spaces and Adjacent Spaces Available * Bill Board 8x4 for Advertising * 1/4 Mile West of the New 30 Million Dollar Municipal Complex and Library * Great for Owner use with income or Turn Key Investment

Elementary School

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Price History

8/28/2017 Listed $210,000

Property SubType Office
Property Type Commercial
Subdivision Lake Station
Year Built 1946

Exterior Features

Lot Size Square Feet 7000.00
Parking Spaces 0

Property Schools



Direct Link:

http://jason.realtyexecutivesindiana.com/property/209-421386-1201-Central-Ave-Lake-Station-IN-46405

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Property vs Zip Code Avg (46405)

Price 210K Avg 151K

Sqr Feet 4,000 Avg 3,418

Cost / Sqr Ft $53 Avg $44

Acres 0.160698 Avg 0.19

Visits 25 Avg 64

Days on Site 240 Avg 440

Walkscore® 49 Avg 44

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Listing Provided Courtesy Of: Eagle Pro Realty




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Location & Address

Jason Utesch
310 E Lincolnway
Valparaiso, IN
219-395-0496
219-462-2226

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