108-122 W Commercial Avenue Lowell, IN $ 695,000
108-122 W Commercial Avenue
$ 695,000
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108-122 W Commercial Avenue

Lowell, IN, 46356
$ 695,000
Baths0.0 Sq 3,540

Monthly Estimate*

$ 4,855

108-122 W Commercial Avenue, Lowell, IN 46356 - Image 1
Studio

Commercial Property for sale in Lowell, IN

for $695,000. This 3,540 square foot building was built in 1905 on a lot size of 0.149.

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 month to month with 2000 SF was remodeled in the last 10 years with a full bath & flooring on 2nd story. 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.

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Commercial Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.149

Year Built

1905

Town/City

Lowell

County/Region

Lake

MLS | Web ID

525826

Features
General
Interior Features Elevator
Heating Forced Air Natural Gas
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected Water Connected
Security Features Fire Sprinkler System Smoke Detector(s)
Year Built 1905
Electric 100 Amp Service 150 Amp Service 200+ Amp Service Circuit Breakers
Township Cedar Creek
Property SubType Retail
Gross Income 0
County Lake
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale
Subdivision Name H J Nichols Add Lowell
Building Features Other Plastered Ceiling(s) Private Restrooms Public Restrooms Sheet Rock Ceiling(s) Suspended Ceiling(s)
Close Price 0
Status Active
Directions Rt. 41 to Rt. 2/Commercial Ave. E towards town before the railroad tracks across from Harding's
City Lowell
Zoning Description Other
Lot Size Square Feet 6490
Street Name Commercial
Property Attached Y/N N
Electric Expense 0
Trash Expense 0
Standard Status Active
Total Actual Rent 28800
Taxes 12037
Legal Description Legal Description: HJ NICHOLS ADD. S'LY PT. LOT 16 ADJ. W. 45FT. L.16 124.90X33.30X 100X73.60FT.TRA & S'LY PT. L16 100X60X85X9.4X63.68FT.TR.B (45ft) of S pt of Lot 16 & Par 7x45
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Exterior
Parking Features Open Paved Private
Water Source Public
Lot Dimensions irregular
Lot Size Acres 0.149
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Deana Sutton

Listing Agent

New Chapter Real Estate

Broker

deanasuttonrealtor@gmail.com

Email

Affordability Calculator

$4,855
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Monthly Principal & Interest
$4,855
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2024$695,000 -0.57% Price Down
2/8/2023$699,000 Listed Price

Map


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108-122 W Commercial Avenue, Lowell, IN, 46356 is a Commercial Property for sale at $695,000 with 3,540 sqft and a lot size of 0.149. 108-122 W Commercial Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 46356 which is in Lowell, IN