Skip To Content

260 E 90th Drive

Merrillville, IN 46410
  • $459,900
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 800312
$459,900
  • 0
    BEDS
  • 27021
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,892
    SQFT
  • $159
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

School District:
Listing provided by Century 21 Circle: .

Description

Fantastic commercial property investment. This office space is 2860 square foot of newly remodeled premium office space. This space already has an existing tenant (Ellie Mental Health Clinics) with 4 years left on their existing lease. The property is already cash flow positive based on existing lease. Tenant is hopeful new owner will continue to rent to them long term but is not required. Tenants has expressed interest in trying to purchase property down the line. Current lease for tenant is $4,000.00 a month with a 2% yearly increase. Office is located next to hospital, emergency room, several other medical facilities, and several other law firms. The facility is in a very high demand area, surrounded dense retail spaces. Located off Broadway, right between HWY 65 and US 30. The unit is an end cap unit so there is great curb appeal, all offices in the unit have beautiful large windows with good views and fantastic natural light. The unit is composed of 8 large offices and a an extra large conference room , 2 bath rooms, all newly remodeled. The exterior is all brick, building is in fantastic condition. All new flooring, new LED lights , new fridge and sink in employee room , all interior have been painted, all solid oak doors , solid oak baseboards, 2 air condition units and 2 furnaces, and new water heater. Taxes are around $8,000 and HOA fees which covers the outside landscaping, roof and water & sewer is $5157.08

Monthly Payment Calculator

Northwest Indiana REALTORS® Association Multiple Listing Service logo The content relating to real estate for sale and/or lease on this Web site comes in part from the Internet Data eXchange (“IDX”) program of the Northwest Indiana REALTORS® Association Multiple Listing Service (“NIRA MLS”). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers’ personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.

The accuracy of all information, regardless of source, is deemed reliable but is not warranted, guaranteed, should be independently verified and may be subject to change without notice. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. Featured properties may not be listed by the office/agent presenting this information.

NIRA MLS MAKES NO WARRANTY OF ANY KIND WITH REGARD TO LISTINGS PROVIDED THROUGH THE IDX PROGRAM INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. NIRA MLS SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THESE LISTINGS.

Listings provided through the NIRA MLS IDX program are subject to the Federal Fair Housing Act and which Act makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. NIRA MLS does not knowingly accept any listings that are in violation of the law. All persons are hereby informed that all dwellings included in the NIRA MLS IDX program are available on an equal opportunity basis. Copyright 2024 NIRA MLS - All rights reserved. 800 E 86th Avenue, Merrillville, IN 46410 USA. ALL RIGHTS RESERVED WORLDWIDE. No part of any listing provided through the NIRA MLS IDX program may be reproduced, adapted, translated, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or any information storage and retrieval system, or otherwise, without the prior written permission of NIRA MLS. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. If you believe any NIRA MLS listing contains material that infringes your copyrighted work, please Click Here to review our DMCA policy and learn how to submit a takedown request. Data last updated 2024-04-23T23:53:13.71.

MLS Grid logo Based on information submitted to the MLS GRID as of 2024-04-23T23:53:13.71 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data relating to real estate on this Web site derive in part from the Greater Northwest Indiana Association of Realtors IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither McCormick Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Greater Northwest Indiana Association of Realtors.

Digital Millennium Copyright Act
www.mccormickrealestateindiana.com/homes/148229707
Print Image

260 E 90th Drive Merrillville, IN 46410

  • Price: $459,900
  • Status: Active
  • On Site: 51 Days
  • MLS #: 800312
0
Beds
0
Baths
0
½ Baths
27021
Acres
2,892
SQFT
$159
$/SQFT
1989
Built
Neighborhood:
Easton Court Condo
County:
Lake
Area:
Merrillville
School District:
Merrillville
Property Description
Fantastic commercial property investment. This office space is 2860 square foot of newly remodeled premium office space. This space already has an existing tenant (Ellie Mental Health Clinics) with 4 years left on their existing lease. The property is already cash flow positive based on existing lease. Tenant is hopeful new owner will continue to rent to them long term but is not required. Tenants has expressed interest in trying to purchase property down the line. Current lease for tenant is $4,000.00 a month with a 2% yearly increase. Office is located next to hospital, emergency room, several other medical facilities, and several other law firms. The facility is in a very high demand area, surrounded dense retail spaces. Located off Broadway, right between HWY 65 and US 30. The unit is an end cap unit so there is great curb appeal, all offices in the unit have beautiful large windows with good views and fantastic natural light. The unit is composed of 8 large offices and a an extra large conference room , 2 bath rooms, all newly remodeled. The exterior is all brick, building is in fantastic condition. All new flooring, new LED lights , new fridge and sink in employee room , all interior have been painted, all solid oak doors , solid oak baseboards, 2 air condition units and 2 furnaces, and new water heater. Taxes are around $8,000 and HOA fees which covers the outside landscaping, roof and water & sewer is $5157.08
Exterior Features

Exterior Features Private EntranceStorage

Interior Features

Appliances MicrowaveRefrigerator

Property Features

Auction YN No Current Financing Conventional Heating Forced AirNatural Gas Listing Terms CashConventionalFHAVA Loan Lot Size Dimensions -- Parking Features Asphalt Property Sub Type Business Sewer Public Sewer Special Listing Conditions Agent Owned Tax Annual Amount 8383.08 Tax Year 2022 Township Ross Utilities Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater Available Water Source Public

Listing information © 2024 NIRA MLS.
Listing courtesy of Colleen Johnston-Hatami of Century 21 Circle: .

Northwest Indiana REALTORS® Association Multiple Listing Service logo The content relating to real estate for sale and/or lease on this Web site comes in part from the Internet Data eXchange (“IDX”) program of the Northwest Indiana REALTORS® Association Multiple Listing Service (“NIRA MLS”). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers’ personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.

The accuracy of all information, regardless of source, is deemed reliable but is not warranted, guaranteed, should be independently verified and may be subject to change without notice. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. Featured properties may not be listed by the office/agent presenting this information.

NIRA MLS MAKES NO WARRANTY OF ANY KIND WITH REGARD TO LISTINGS PROVIDED THROUGH THE IDX PROGRAM INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. NIRA MLS SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THESE LISTINGS.

Listings provided through the NIRA MLS IDX program are subject to the Federal Fair Housing Act and which Act makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. NIRA MLS does not knowingly accept any listings that are in violation of the law. All persons are hereby informed that all dwellings included in the NIRA MLS IDX program are available on an equal opportunity basis. Copyright 2024 NIRA MLS - All rights reserved. 800 E 86th Avenue, Merrillville, IN 46410 USA. ALL RIGHTS RESERVED WORLDWIDE. No part of any listing provided through the NIRA MLS IDX program may be reproduced, adapted, translated, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or any information storage and retrieval system, or otherwise, without the prior written permission of NIRA MLS. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. If you believe any NIRA MLS listing contains material that infringes your copyrighted work, please Click Here to review our DMCA policy and learn how to submit a takedown request. Data last updated 2024-04-23T23:53:13.71.

MLS Grid logo Based on information submitted to the MLS GRID as of 2024-04-23T23:53:13.71 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data relating to real estate on this Web site derive in part from the Greater Northwest Indiana Association of Realtors IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither McCormick Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Greater Northwest Indiana Association of Realtors.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/gniar/orig_boomver_2_800312-2.jpg https://bt-photos.global.ssl.fastly.net/gniar/orig_boomver_2_800312-2.jpg https://bt-photos.global.ssl.fastly.net/gniar/orig_boomver_2_800312-2.jpg
Logo
McCormick Real Estate
813 N. Superior Dr.
Crown Point IN, 46307
Listing provided by Century 21 Circle: .