For Sale
$1,650,000

3100 45Th StHighland, IN 46322

Highland, IN Office Building

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 18,484 square foot, two-story office building presents a compelling value-add investment opportunity. Located at 3100 45th Street in Highland, Indiana, this Class B property features eight suites, a mix of medical and traditional office spaces, currently at 35% occupancy. Built in 1996, the building sits on a 1.34-acre lot zoned B3, offering significant potential for future development or expansion. The property boasts a prime corner location at the intersection of 45th Street and Delaware Avenue, ensuring high visibility and easy access. Ample parking is available for tenants and visitors. The asking price is $1,650,000, translating to $89.27 per square foot. The Net Net Net (NNN) lease structure provides a straightforward ownership experience. This multi-tenant building is situated in a convenient location near major roadways and local amenities, making it attractive to a wide range of businesses and medical practices. The property's versatile layout and potential for prominent signage further enhance its appeal. This is a rare opportunity to acquire a well-maintained office building in a thriving community within the Chicago metropolitan area. The property's location in Highland, Indiana (Lake County, zip code 46322), offers easy access to surrounding towns including Hammond, Munster, Schererville, and Griffith.

Highlights

  • 18,484 SF Class B office building on a 1.34-acre lot in Highland, IN.
  • Eight suites, a mix of medical and general office space, currently 35% occupied.
  • Prime corner location with high visibility and ample parking.
  • Convenient access to major roadways and local amenities.

Property Details for 3100 45Th St

Property type
Office properties, Medical offices
Square Feet
18,484 SF
Class
B
Year Built
1996
Buildings
1
Stories
2
Lot Size (sq. ft)
58,370 SF
Units
8

Location Insight

City
Highland
County
Lake
State
Indiana
Latitude
41.5370249
Longitude
-87.454027
3100 45Th St, Highland, Indiana

FAQs

What type of property is this?
Office property - Highland, IN Office Building
Where is the office property located?
The property is located at 3100 45Th St Highland, IN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 18,484 SF Class B office building on a 1.34-acre lot in Highland, IN.; Eight suites, a mix of medical and general office space, currently 35% occupied.; Prime corner location with high visibility and ample parking.
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.
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3100 45Th St
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