136 N Broad Street Griffith, IN 46319

$545,000
136 N Broad Street, Griffith, IN 46319
434224

Commercial Property for sale in Griffith, IN

for $545,000. This 10,400 square foot building was built in 1939 on a lot size of 0.13 Acre(s).

Property Information

  • $545,000
  • Commercial
  • 10,400 Square Feet
  • Retail
  • Active
  • Lot size of 0.13 Acre(s)
  • Built in 1939
  • Unit 138
  • Griffith, IN
  • Lake County
  • MLS/Web ID is 434224

Description

Attention investors!! 10%+ Cap rate with this single tenant retail/office space in downtown Griffith. Strong operating history with 50+ years at current location. Roof is less than 2 years old. Heat/air, electrical all updated in last 5 years. Current lease has 1.5 years remaining with 5 -3yr options each with a 10% increase. This property includes address 141 N Griffith Blvd.

Listed By

Listing Agent: Jessica Wipert
Broker: LISTING LEADERS

136 N Broad Street, Griffith, IN, 46319 is a Commercial Property for sale at $545,000 with 10,400 sqft and a lot size of 0.13 Acre(s). 136 N Broad Street has 0.0 baths and was built in 1939. The property's zip code is 46319 which is in Griffith, IN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Griffith $267,048 51 % below $174,900 68 % below
Commerical listings in Griffith $502,893 8 % below $324,897 40 % below

Get the facts about Griffith, IN!

Population 16,577
Population Growth (since 2000) -5 %
Median Income $52,943
Median Age 36.94
Households w/ Children 30 %

Residential Dwellings

  • Owned 4410
  • Vacant 369
  • Rented 2126

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363