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Map
$332,078*
●
Commercial -
Off Market
721-739 Central Avenue
Lake Station, IN 46405
Studio
0 Bath
7808 Sqft
$216,000 - $262,000
Reference Base Price*
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Fully occupied mixed-use 6 unit (5 commercial, 1 residential) with
projected gross revenue of $49,200 for 2020. $48,000 in 2019. Zoned
B-2. Taxes are only $3309 per year. Building is well
maintained and in very good condition and is in a high traffic
area. 2 story, 2 bed, 1.5 bath apartment has 1.5 car attached
garage. Partial basement (15' x 15') houses electric services
and water heater. In addition, there are two unheated storage rooms
with a total of 900' ft. 735-739 (2 units) $1400 per month, 13 year
tenant, $950 deposit; 731 - $750 per month, 18 year tenant, $750
deposit; 727 - $750 per month, new tenant 2020, $0 deposit; 723 -
$500, 3 year tenant, $500 deposit; 721 - Residential apartment $700
per month, 4 year tenant, $700 deposit. Owner pays all
utilities with the exception of the electric in units 727, 731,
735-739. Contract terms available to qualified buyers: Full Price
Offer, $75k down, 6% Interest, 3 year balloon.
The manager has listed the unit size as 7808 square feet.
The manager has listed the unit size as 7808 square feet.
Unit Size
7,808Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$31
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 24, 2020 | No longer available | - | |
No longer available | |||
Nov 12, 2019 | Price Decreased |
$239,500
↓ $10K
(4.2%)
|
|
Price Decreased | |||
Jul 22, 2019 | Listed | $249,900 | |
Listed |
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/22/2019
|
|
Loft
|
-
|
7808 ft²
|
$249,900
Loft
-
7808 ft²
|
-
-
|
-
|
-
|