For Sale
$695,000

108-122 Commercial AveLowell, IN 02212

High-Growth Lowell Investment Opportunity

Overview

Added:
Feb 3
Days on market:
67
This exceptional Lowell, IN investment opportunity encompasses two income-producing properties situated on a combined 0.56-acre lot at 108-122 W Commercial Avenue. The first property, located at 108 W Commercial Avenue, is a 1540 square foot restaurant currently operating under a multi-year lease. The space boasts recently remodeled interiors and updated plumbing throughout. The second property, situated at 116 W Commercial Avenue, is a 2000 square foot office/single-family building currently leased month-to-month. This building underwent a complete renovation within the last 10 years, including a full bathroom and new flooring on the second story. Both tenants are responsible for all utilities and maintain renter's insurance. Adding to the appeal, the property includes a vacant lot and a side road, offering potential for additional parking or expansion. The properties are being sold "AS IS," with the seller not undertaking any repairs. This presents a unique chance for an investor to capitalize on the burgeoning Lowell community and realize significant returns with some creative vision and planning. The asking price for this combined portfolio is $695,000.

Property Details for 108-122 Commercial Ave

Property type
Retail properties
Year Built
1905
Lot Size (sq. ft)
24,394 SF

Location Insight

City
Lowell
County
Lake
State
Indiana
Latitude
41.29105
Longitude
-87.42355
108-122 Commercial Ave, Lowell, Indiana

FAQs

What type of property is this?
Retail property - High-Growth Lowell Investment Opportunity
Where is the retail property located?
The property is located at 108-122 Commercial Ave Lowell, IN.
What is the asking price?
The asking price for this property is $695,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
108-122 Commercial Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message