7302 Mcconnell Avenue Lowell, IN $ 560,000
7302 Mcconnell Avenue
$ 560,000
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7302 Mcconnell Avenue

Lowell, IN, 46356
$ 560,000
Baths0.0 Sq 3,816

Monthly Estimate*

$ 3,912

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Studio

Commercial Property for sale in Lowell, IN

for $560,000. This 3,816 square foot building was built in 2002 on a lot size of 0.86.

Main lobby offers approx 954sf reception & billing area as well as show room plus conference room, 2 private offices + kitchen. An approx 2862sf warehouse/shop area is also home to a loft for dry storage & has its own office. The warehouse section can also be accessed through 2 12' OH doors front & rear. 2 restrooms, 1 public ADA compliant in the front + one in the rear. Onsite laundry. 14KW NatGas Generator w/ automatic transfer switch. All new int/ext LED lighting.24-30 parking spaces & owner will consider allowing you to sublet if wish to have 2 businesses. Base lease is $10psf ($3,200mo) + 1/12th annual Tax & Ins currently at $1.69psf ($539mo). 3-5 yr lease w/option to purchase + 1st right of refusal + 2 yrs fixed for budgeting & start-up. 3x5 Lighted sign. Flagpole + sprnklr system. Zoned HVAC front & rear. Front has radiant floor heating & AC. More? CONTRACT Options to OWN = 10% DOWN, 6.5% fixed/30yr ammort $3,185 mo P&I +T&I, 5yr balloon refi. No prepay penalty or PMI!

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Commercial Active

Price

$ 560,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,145

Style

Office

Lot Size

0.86

Year Built

2002

Town/City

Lowell

County/Region

Lake

MLS | Web ID

545386

Features
General
Interior Features Elevator
Heating Forced Air Radiant
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Sewer Connected
Security Features Fire Hydrant On Site
Year Built 2002
Electric 100 Amp Service 150 Amp Service 200+ Amp Service
Township Cedar Creek
Property SubType Office
Tax Year 2022
Gross Income 0
County Lake
Net Operating Income 0
Insurance Expense 1200
Property Type Commercial Sale
Subdivision Name Mcconnel Plaza
Building Features Exterior Lighting Industrial Park Location Mixed Use Office Park Location Sheet Rock Ceiling(s)
Close Price 0
Status Active
Directions Commercial Ave to North on Mill St. (Mill St. turns into Morse St.) continue North and turn West onto McConnell Ave to the Property on the North side of the street. GRAYS REFRIGERATION
City Lowell
Lot Size Square Feet 37461.6
Street Name Mcconnell
Tax Annual Amount 5145
Electric Expense 139
Trash Expense 0
Standard Status Active
Total Actual Rent 0
Taxes 0
Legal Description Legal Description: MCCONNEL PLAZA LOT 7 EX. N.84FT. Survey online
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Exterior
Parking Features Oversized Paved
Water Source Public
Total Parking 30
Lot Dimensions 100 x 379 x 100 x 376
Lot Size Acres 0.86
Lot Size Source Assessor
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Interior
Street Suffix Avenue
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* Excluded Features
List By
John Schupp

Listing Agent

Schupp Real Estate

Broker

John@SCHUPPre.com

Email

Affordability Calculator

$4,341
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,912
Monthly Property Taxes
$429
Monthly Home Insurance
--
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
3/21/2024$560,000 -6.02% Price Down
2/23/2024$595,855 Listed Price

Map


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7302 Mcconnell Avenue, Lowell, IN, 46356 is a Commercial Property for sale at $560,000 with 3,816 sqft and a lot size of 0.86. 7302 Mcconnell Avenue is a studio with 0.0 baths and was built in 2002. The property's zip code is 46356 which is in Lowell, IN