For Sale
$1,400,000

8528 BroadwayMerrillville, IN 46410

8,300 SF Medical Office Condo

Overview

Added:
Dec 11, 2024
Days on market:
118
This 8,300-square-foot Class B medical office condo in Merrillville, Indiana, is available for sale at $1,400,000. Located on Broadway (Indiana State Road 53), this single-story building offers excellent visibility and approximately 90 parking spaces. The property is situated in a thriving commercial corridor, less than a half-mile south of US 30 and one mile southwest of the I-65 interchange, benefiting from proximity to Methodist Hospital and NIPSCO headquarters. The space is currently configured as flexible second-generation medical office suites, ranging from approximately 3,500 to 4,800 square feet, and is managed by a professional HOA. The asking price per square foot is $168.67, with a NNN lease structure. Estimated NNN expenses are $5.00 per square foot. The building features excellent signage opportunities along Broadway, making it an ideal location for medical practices or other professional businesses seeking high visibility and convenient access to major transportation routes and a robust commercial area. This property presents a unique opportunity to own a well-located medical office building in a high-demand area.

Highlights

  • 8,300 SF Class B medical office condo for sale in Merrillville, IN for $1,400,000 ($168.67/SF).
  • Located on Broadway (SR 53) with excellent visibility and ~90 parking spaces.
  • Prime location near US 30 and I-65 interchange, close to Methodist Hospital and NIPSCO.
  • Flexible second-generation medical suites (3,500-4,800 SF) managed by a professional HOA.
  • NNN lease structure with estimated expenses of $5.00/SF. Excellent signage opportunities.

Property Details for 8528 Broadway

Property type
Office properties, Medical offices
Square Feet
8,300 SF
Class
B

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.463425062241
Longitude
-87.337678058385
8528 Broadway, Merrillville, Indiana

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8528 Broadway
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