427 E Commercial Avenue Lowell, IN $ 249,900
427 E Commercial Avenue
$ 249,900
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427 E Commercial Avenue

Lowell, IN, 46356
$ 249,900
Bedrooms-- Baths-- Sq 2,756

Monthly Estimate*

$ 1,559

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Commercial Property for sale in Lowell, IN

for $249,900. This 2,756 square foot building was built in 1865 on a lot size of 0.237.

Motivated seller! Will consider all offers. Own a piece of history in the heart of downtown Lowell with the stunning historic Bacon Mansion, a true gem of Lowell's Historic District circa 1865. Brimming with timeless elegance and modern possibilities, this landmark property offers a rare opportunity for those with a passion for preservation. Perfectly suited for your 3 bedroom/2 bath personal residence upstairs with a bed and breakfast, upscale restaurant, corporate offices, an enchanting event venue, etc downstairs. This stately two-story residence exudes character at every turn. A seamless blend of Italianate and Victorian architecture, the building showcases soaring cathedral and coffered ceilings, exquisite woodwork, and intricate period details that transport you to a different time. Three fireplaces, rich hardwoods, and large, light-filled windows add warmth and charm to the inviting interior. The commercial-grade kitchen is equipped with a stainless steel island and range/hood, setting the stage for culinary creativity. The upper level features spacious offices, while the thoughtfully designed main-floor common areas offer flexibility for various business operations. Unique to this home is a shower room with an over-sized closet upstairs and a commercial kitchen on the main floor, catering to both residential and hospitality needs. Listed as a historic building on the National Registry, this landmark property requires exterior modifications to be approved by the Lowell Historic Preservation Board, ensuring its charm remains protected for generations to come. This is your chance to write the next chapter of this extraordinary property's story. Seize this once-in-a-lifetime opportunity to own a piece of Lowell's past while shaping its future. Being sold As-Is.

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Commercial Active

Price

$ 249,900

Property Type

Commercial

Taxes

$ 2,878

Style

Mixed Use

Lot Size

0.237

Year Built

1865

Town/City

Lowell

County/Region

Lake

MLS | Web ID

815967

Features
Interior
Interior Amenities Cathedral Ceiling(s) Walk-In Closet(s) Wet Bar Kitchen Island High Ceilings Crown Molding Ceiling Fan(s)
Laundry Features Gas Dryer Hookup Washer Hookup
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General
Sewer Public Sewer
Heating Baseboard Hot Water
Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Gas Range
Security Features Fire Alarm
Year Built 1865
Electric 200+ Amp Service
View Neighborhood Park/Greenbelt
Township Cedar Creek
Property Subtype Mixed Use
Tax Year 2024
Community Features Curbs Street Lights Sidewalks Restaurant Park
County Lake
Property Type Commercial Sale
Subdivision Name Clarks Add
Building Features Lunch Room Mixed Use Business District Location Balcony Shower/Locker Room Public Restrooms Private Restrooms Multi Tenant Meeting Room
Status Active
Directions Property is located on the North side of E. Commercial Ave. in between N Fremont St and Clark St.
High School Lowell Senior High School
City Lowell
High School District Tri-Creek
Zoning Description Mixed Use
Lot Size Square Feet 10324
Listing Terms Cash Other Conventional
Property Attached Y/N N
Tax Annual Amount 2878
Standard Status Active
Legal Description CLARKS ADD. E. 82 FT. LOT 30 & S.47FT OF E.82FT OF LOT 29 EX. PT. IN R/W
Assoc/CIC None
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Exterior
Exterior Amenities Balcony Private Yard
Fencing Brick Wrought Iron Vinyl Masonry Front Yard Fenced Back Yard
Parking Features Paved On Street Additional Parking
Lot Features Back Yard Landscaped Front Yard Corner Lot
Water Source Public
Total Parking 10
Lot Dimensions 84x128
Lot Size Acres 0.237
Frontage Length 84 feet
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Sarah Perfetti

Listing Agent

Northwest Indiana Real Estate

Broker

sarah@perfettirealty.com

Email

Affordability Calculator

$1,799
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,559
Monthly Property Taxes
$240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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! What's my home worth?
Nearby
4001595 Elementary School
4001667 Middle School
Lowell Senior High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$249,900 -16.42% Price Down
8/26/2025$299,000 -12.06% Price Down
4/29/2025$340,000 -2.86% Price Down
2/11/2025$350,000 Listed Price

Map


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427 E Commercial Avenue, Lowell, IN, 46356 is a Commercial Property for sale at $249,900 with 2,756 sqft and a lot size of 0.237. 427 E Commercial Avenue was built in 1865. The property's zip code is 46356 which is in Lowell, IN