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801 Central Ave
Lake Station, IN 46405

Retail Property For Sale

Investment Highlights

  • Fully leased investment property.
  • Quick access to Major Highways going South & East/West.
  • Traffic Count of (+/-) 7,600 vehicles per day.

Executive Summary

Fully leased investment property. 4 apartments on the second floor. Retail / Commercial on the first floor with 2 units. Ability to add an additional suite on first floor for additional rental income. Immediate area has a combination of commercial, retail and residential property. Well maintained and clean property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
1941
Price
£259,862
Price Per SF
£22
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
15 ft
Building FAR
1.09
Lot Size
0.25 AC
Zoning
B-2 - Community Commercial
Parking
15 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
75 ft on Central Ave

Amenities

  • Pylon Sign
  • Signage

PROPERTY TAXES

Parcel Numbers
Multiple
  • 45-09-18-377-002.000-021
  • 45-09-18-377-001.000-021
  • 45-09-18-377-003.000-021
 Improvements Assessment £144,385
Land Assessment £13,942 Total Assessment £158,328

PROPERTY TAXES

Parcel Numbers
Multiple
  • 45-09-18-377-002.000-021
  • 45-09-18-377-001.000-021
  • 45-09-18-377-003.000-021
Land Assessment
£13,942
Improvements Assessment
£144,385
Total Assessment
£158,328
 

  • Listing ID: 25129057

  • Date on Market: 25/02/2022

  • Last Updated:

  • Address: 801 Central Ave, Lake Station, IN 46405

The Retail Property at 801 Central Ave, Lake Station, IN 46405 is currently available for sale. Contact McColly Bennett Commercial Advantage for more information.

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801 Central Ave, Lake Station, IN for sale Building Photo- Image 1 of 12
801 Central Front of Building
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801 Central _ apartment view
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