637 S Lake Street

    Gary, IN 46403
    • $300,000
    • STATUS: Active
    • ON SITE: 139 days
    • MLS #: 427278
    UPDATED: 56 min ago
    $300,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,150
      SQFT
    • $72
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1967
    County:
    Area:

    School Ratings & Info

    Description

    Just Listed! A rare fully-rented, 4150sq.ft. 3-unit commercial building with rear parking on Lake Street in Downtown Miller! Excellent leasing opportunity in high demand area for retail/office units. Currently occupied by a Veterinarian, Logistics Company, and Barber Shop. Great Net Operating Income with 7.7% Cap Rate near 2 commercial banks, a micro-brewery, restaurants, and walking distance to the NICTD South Shore Line. Slightly over 1 mile from Lake Michigan. A Chicago suburb, Miller Beach is located near multiple interstates and offers a Miller commuter rail stop via the South Shore Line, running from Downtown Chicago to South Bend. Schedule your private showing today.

    Monthly Payment Calculator

    © 2018 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Rossi and Taylor Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-05-23T13:53:04.95. Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
    www.rossiandtaylor.com/homes/79686184

    637 S Lake Street Gary, IN 46403

    • Price: $300,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 427278
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    4,150
    SQFT
    $72
    $/SQFT
    1967
    Built
    Neighborhood:
    Stearns & Moores
    County:
    Lake
    Area:
    Gary
    Property Description
    Just Listed! A rare fully-rented, 4150sq.ft. 3-unit commercial building with rear parking on Lake Street in Downtown Miller! Excellent leasing opportunity in high demand area for retail/office units. Currently occupied by a Veterinarian, Logistics Company, and Barber Shop. Great Net Operating Income with 7.7% Cap Rate near 2 commercial banks, a micro-brewery, restaurants, and walking distance to the NICTD South Shore Line. Slightly over 1 mile from Lake Michigan. A Chicago suburb, Miller Beach is located near multiple interstates and offers a Miller commuter rail stop via the South Shore Line, running from Downtown Chicago to South Bend. Schedule your private showing today.
    Exterior Features

    Building Construction Brick Building Exterior VinylWood Frame Dock Features None Foundation Concrete Frontage Access City Street Lot Dimensions 58X68 Misc Outside Other Parking Paved ParkingPrivate Parking Parking Spaces 0 Rail Availability None Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Ventilation Central Air Ceiling Type Plastered Floor Finish TileVaries Heat Ventilation Forced Air Misc Inside Multi TenantPrivate Restrooms

    Property Features

    Amenities Exterior Lighting Backup Information Leases/CopiesLegal DescriptionSurveyTax Bill Current Use Medical OfficeOfficeRetail-Mixed Use Electrical Service 0 - 100 AmpsCircuit BreakersNipsco Fire Protection None Information 48 Hr Notice ReqConfidentiality ReqLag Must Accompany Potential Use Convenience StoreMedical OfficeOfficeRetail-Mixed Use Property Subtype1 Retail Property Subtype2 Office Taxes 3971 Tenant Pays ElectricGas Terms CashConventional Transaction Type Sale Utilities On

    Listing information © 2018 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
    Listing provided courtesy of William Godwin of Godwin Realty Company.

    © 2018 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Rossi and Taylor Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Data last updated 2018-05-23T13:53:04.95. Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
     
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    St John IN, 46373