$870,000
$879,000
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9,000 SqFt
SOLD DATE : 08/11/2021
Key Details
Sold Price $870,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $96
MLS Listing ID 11048194
Sold Date 08/11/21
Year Built 2020
Annual Tax Amount $18,226
Tax Year 2019
Lot Size 0.570 Acres
Lot Dimensions 110 X 227
Property Description
This New Construction building located in the heart of Crown Point is now available for its new Owner. This building consists of 5 spaces with a total of 9,000 rentable square feet and is currently 60% occupied with two great users utilizing 3 spaces. There are an additional 2 units available which would be great as an Owner occupied investment. Tenants pay all their own utilities and this leaves only the property taxes and common insurance for the Owner. Current gross income is at $54,000 annually and has potential of another $36,000 once the building is completely occupied. Currently rented at $10 a square foot, this building will provide a great return and be completely worry free for years to come with it being brand new and in a great location.
Location
State IN
County Lake
Area Indiana - Crown Point
Zoning INDUS
Interior
Cooling None
Fireplace N
Exterior
Roof Type Metal
Building
Level or Stories 1
Structure Type Steel Siding,Wood Frame
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