$969,500
$1,099,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
9,600 SqFt
SOLD DATE : 12/29/2021
Key Details
Sold Price $969,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $100
Subdivision Woodland Estates 3Rd Add
MLS Listing ID 497500
Sold Date 12/29/21
Year Built 1986
Lot Size 0.960 Acres
Acres 0.96
Lot Dimensions 140 X 350
Property Description
Buyer due diligence phase. High Traffic Stoplight Corner (45th / Glen Park / Forrest) access retail / office strip mall showing 9.2% cap rate. All separate utilities paid by tenants. Contract sale possible with $180,000 down. 5 year balloon. Three large, paved parking areas. Several newer furnaces and air conditioners. New ballasts, bulbs and sign faces. Front unit has drive-thru window. Glen Park is the same as 45th. Road divides Highland and Griffith in that area. Sited between Cline and Kennedy Avenues.
Location
State IN
County Lake
Interior
Interior Features Elevator
Heating Forced Air, Natural Gas
Fireplace N
Exterior
View Y/N true
View true
Others
Tax ID 450734101001000006
Acceptable Financing NRA20240111125505025060000000
Listing Terms NRA20240111125505025060000000
Financing Contract
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Bought with Coldwell Banker Realty