Stacey Olive
REALTOR®
SQUARE FEET10,289
MLS#846834
STATUSActive
PROPERTY TYPECommercial - Office
SUBDIVISIONHarvest Manor 01 Sec 01
Property Description
Incredible armchair investment opportunity to acquire a fully leased, high-income commercial medical office building anchored by long-term credit tenants: Methodist Hospitals CareFirst Schererville - Immediate Care and Dr. Mary Tilak & Associates. This investment provides a highly predictable, hands-off stream of commercial income from two established medical tenants and offers a strong 8.89 Cap Rate. Seize the opportunity to own this incredible income producer or position your business in a high-traffic, established healthcare and professional hub. This single-level, extremely well-maintained, all-brick medical building features 10,289 square feet of above-grade space (designed to accommodate smaller configurations if ever divided) and an additional 4,400 square feet of finished lower-level space built out for clinical and office use. Occupying a prime location on a 1.06-acre lot, the property offers a striped asphalt parking lot with 35 spaces and full handicap accessibility. Strategically located on the southwest corner of a high-visibility, 4-way traffic-lit intersection on heavily traveled Lincoln Highway, the site boasts an impressive daily traffic count of 39,855 vehicles (according to IDOT) and sits just minutes from I-65, ensuring effortless regional accessibility.
Property Features
Property Type: Commercial - Office
Heating: Central, Forced Air
Lot Size: 1.07 Acres
Taxes: $36,338
Year Built: 2006
Amenities
Recessed Lighting
Lighting
Rain Gutters
Appliances
None
Feature Descriptions
Accessibility: Accessible Doors, Accessible Approach with Ramp, Accessible Full Bath
Days on Site: 18
Lot: Corner Lot, Paved
Parking Features: Paved, Asphalt
Security Features: Fire Alarm, Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Underground Utilities, Sewer Connected, Natural Gas Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: Baird & Warner Res. Sales Inc.
Agency Phone: (708) 460-1400
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
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6625 W Lincoln Highway | MLS# 846834
This commercial property located at 6625 W Lincoln Highway , Schererville, IN 46307 is currently listed for sale with an asking price of $3,700,000. Search Schererville real estate on www.soldwithstacey.net today.