108-122 W Commercial Avenue Lowell, IN $ 725,000
108-122 W Commercial Avenue
$ 725,000
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108-122 W Commercial Avenue

Lowell, IN, 46356
$ 725,000
Bedrooms-- Baths-- Sq 3,540

Monthly Estimate*

$ 4,464

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Commercial Property for sale in Lowell, IN

for $725,000. This 3,540 square foot building was built in 1905 on a lot size of 0.56.

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 yearly lease with 2000 SF was remodeled in the last 10 years with a full bath & flooring on 2nd story, recently repainted top to floor. 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

$ 725,000

Property Type

Commercial

Taxes

$ 13,390

Style

Mixed Use

Lot Size

0.56

Year Built

1905

Town/City

Lowell

County/Region

Lake

MLS | Web ID

816873

Features
Interior
Interior Amenities Country Kitchen Laminate Counters Entrance Foyer
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Natural Gas Available Electricity Connected Electricity Available
Appliances Other Range Water Heater Refrigerator Range Hood
Security Features Smoke Detector(s)
Year Built 1905
Electric 100 Amp Service Circuit Breakers 200+ Amp Service
Township Cedar Creek
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
Accessibility Accessible Approach with Ramp
County Lake
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale
MaintenanceExpense 0
Subdivision Name H J Nichols Add Lowell
Building Features High Speed Internet Avail Suspended Ceiling(s) Sheet Rock Ceiling(s) Public Restrooms Private Restrooms Plastered Ceiling(s) Other
Status Active
Directions Rt. 41 to Rt. 2/Commercial Ave East to home just prior to railroad tracks in downtown Lowell area
High School Lowell Senior High School
City Lowell
High School District Tri-Creek
Zoning Description Other
Lot Size Square Feet 24393.6
Listing Terms Cash Conventional
Elementary School Oak Hill Elementary
Tax Annual Amount 13390
Electric Expense 0
Middle/Junior High School Lowell Middle School
Trash Expense 0
Standard Status Active
Total Actual Rent 36000
Taxes 13390
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
Exterior Amenities Private Yard Rain Gutters
Parking Features Asphalt On Street Paved Driveway Concrete
Lot Features Other
Water Source Public
Total Parking 18
Lot Size Acres 0.56
Lot Size Source Owner
Waterfront Y/N N
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* Excluded Features
List By
Deana Sutton

Listing Agent

New Chapter Real Estate

Broker

deanasuttonrealtor@gmail.com

Email

Affordability Calculator

$5,580
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$1,116
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4618861 Elementary School
4611749 Middle School
Lowell Senior High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2025$725,000 Listed Price

Map


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108-122 W Commercial Avenue, Lowell, IN, 46356 is a Commercial Property for sale at $725,000 with 3,540 sqft and a lot size of 0.56. 108-122 W Commercial Avenue was built in 1905. The property's zip code is 46356 which is in Lowell, IN