7139 Broadway
Retail-Commercial
for Sale
| Catylist Listing ID: |
30827019 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail
|
| Building Size (RSF): |
3,534 SF
|
| Gross Land Area: |
0.51 Acres
|
| Sale Price: |
$329,000 |
| Unit Price: |
$93.10 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/26/2023 |
Overview / Comments
3,534 SF retail/office building with fenced yard. Recent updates include: new roof (2020), asphalt paving (2020), updated lighting, large fenced parking lot, porcelain floors throughout, flexicore ceiling, 2 updated bathrooms, windows, skylight, and paint. Also, included with sale are 3 televisions, conference table and chairs, kitchen table w/chairs, desks, electric fireplace and new stainless-steel stove and refrigerator. Building has partial basement and 30'x35'+/- garage with side entry and 10'x8' overhead door. 86.6' of frontage on Broadway.
Located on the east side of Broadway one block north of 73rd Street, six blocks north of Rt. 30 on the east side of Broadway. 2 miles southwest of I-65 via 61st Street and 1 3/4 miles northwest of I-65 via U.S. Highway 30. Restaurants nearby include Maxim's, Gino’s, Portillo's, Panera, Outback, La Carreta Cantina and Asparagus. This site is within a 6 million+ square foot retail trade area surrounding Southlake Mall. Merrillville is the largest Town in the State of Indiana.
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Additional Details
| Nearest MSA: |
Chicago-Naperville-Elgin |
| County: |
Lake |
| Tax ID/APN: |
45-12-15-151-005.000-030/45-12-15-151-006.000-030 |
| Zoning: |
C-2 |
| Feet of Frontage: |
866 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1965 |
| Year Renovated: |
2020 |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,956 |
47,181 |
142,418 |
| Median Age: |
41.57 |
37.2 |
36.9 |
| Households: |
2,541 |
18,488 |
54,286 |
|
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