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402 E Commercial Avenue Lowell, IN $ 425,000
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$ 425,000 Get more info
402 E Commercial Avenue
$ 425,000
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402 E Commercial Avenue

Lowell, IN, 46356
$ 425,000
Baths0.0 Sq 5,540

Monthly Estimate*

$ 2,969

402 E Commercial Avenue, Lowell, IN 46356 - Image 1
402 E Commercial Avenue, Lowell, IN 46356 - Image 2
402 E Commercial Avenue, Lowell, IN 46356 - Image 3
Studio

Commercial Property for sale in Lowell, IN

for $425,000. This 5,540 square foot building was built in 1904 on a lot size of 0.09.

Opportunity to own commercial real estate in Lowell Indiana's historical district. This property has two store fronts, the east store front is on a slab and is one level. The west store front has abasement and an apartment on the second level. There is dual access to the building, front and rear. Parking in the front on the street and the rear in the lighted community parking lot. The apartment upstairs has 2 beds, 2 baths, approx 1400 sq ft., there is another full bath in the east side store front. In the past 5 years 4 new furnaces and 4 new A/C units have been installed, as well as a tankless hot water heater. The potential for this property is endless with two store fronts and plenty sq. ft.

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Commercial Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.09

Year Built

1904

Town/City

Lowell

County/Region

Lake

MLS | Web ID

541705
Features
General
Interior Features Elevator
Heating Ceiling Forced Air Natural Gas Wall Furnace
Utilities Cable Available Electricity Connected Natural Gas Available Natural Gas Connected
Security Features Fire Alarm Security Gate
Year Built 1904
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 Clarks Add
Building Features Acoustical Ceiling(s) Business District Location Enclosed Stair(s) Other Private Restrooms
Close Price 0
Status Active
Directions Downtown Lowell on RT 2 Go east from RT 41 go west from I-65
City Lowell
Zoning Description Business
Lot Size Square Feet 3920
Street Name Commercial
Electric Expense 0
Trash Expense 0
Standard Status Active
Total Actual Rent 0
Taxes 0
Legal Description Legal Description: CLARKS ADD W.39FT LOT 1 EX PT W.4FT LOT 1& PT SE1/4 SW1/4 S.23 T.33 R.9 0.09 AC
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Exterior
Parking Features Lighted Open Paved
Water Source Public
Lot Dimensions 40 x 110
Lot Size Acres 0.09
Frontage Length 40
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Cindy Jones

Listing Agent

Mccolly Real Estate

Broker

cindyjones@mccolly.com

Email

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$2,969
Per Month
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Monthly Principal & Interest
$2,969
Monthly Property Taxes
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Monthly Home Insurance
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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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/15/2023$425,000 Listed Price

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402 E Commercial Avenue, Lowell, IN, 46356 is a Commercial Property for sale at $425,000 with 5,540 sqft and a lot size of 0.09. 402 E Commercial Avenue is a studio with 0.0 baths and was built in 1904. The property's zip code is 46356 which is in Lowell, IN

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