19,000 SF B-2 Special Purpose on Central Avenue

1309 Central Avenue, Lake Station, Indiana 46405

  • Property Subtypes Assembly/Meeting Place
  • Gross Building Area 18,920 SF
  • Building Status Existing
  • Sale Price $199,500.00 Total
  • Property Use Type Vacant/Owner-User
  • Class of Space N/A
  • Total Land Size 0.92 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 3/19/2020
  • Days on Market 392 Days
  • Status active

Overview / Comments

Nearly 19,000 SF sitting on 0.92 acre site on Central Avenue. Original structure was built in 1954, an additional 6,100 SF all masonry structure was added in the mid-60's. Both two-story structures are joined by a common entrance hall with two ADA compliant restrooms. South structure's second floor is currently configured with over 12 classrooms, some featuring a segregated secondary private room and two additional restrooms. Main level is currently configured as a House of Worship. Northern structure was more recently upgraded with E.I.F.S. exterior, exterior windows, four 100 AMP electrical panels and is serviced by four individual HVAC units. Currently configured with offices, meeting rooms and classrooms on main level and open area on lower level (roughed in for full sized commercial kitchen but not completed). On-site parking along Central, Lake and additional land south.

Agent Notes

Being sold "as is'.

Additional Details

  • Tax ID/APN 45-09-18-407-011.000-021, 45-09-18-407-012.000-021, 45-09-18-407-013.000-021
  • Zoning B-2
  • Property Visibility Good
  • Total Number of Buildings 2
  • Number of Stories 2
  • Year Built 1954
  • Year Renovated 2005
  • Zoning Description B-2

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