For Sale
$1,485,000

101 90Th DrMerrillville, IN 46410

Prime 3-unit office building, strong lease history

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 12,429 square foot, three-unit office building presents a compelling investment opportunity in Merrillville, Indiana. Located at 101 E 90th Dr, this 1993-built brick structure boasts a strong leasing history with stable, long-term tenants, including a major financial services firm occupying space since 1999 and a regional title company since 2014. The building's prime location in South Merrillville, bordering Crown Point, offers convenient access to major thoroughfares like 90th Drive, Broadway Avenue (SR-53), and US Highway 30. Its proximity to The Ameriplex at the Crossroads and Broadway Methodist Hospital further enhances its appeal. Currently, one unit is available, presenting an owner-occupier opportunity to build equity while generating additional income, or an investor can capitalize on the vacancy to increase rental rates, particularly by attracting a medical office tenant, given the building's suitability for both general office and medical uses. The building features ample parking and prominent marquis signage. The asking price is $1,485,000. The well-maintained building, with recently remodeled occupied suites, offers a professional and welcoming environment for tenants and clients alike.

Highlights

  • $1,485,000 asking price for a 12,429 SF, three-unit office building in Merrillville, IN.
  • Ideal for investors or owner-occupiers seeking equity growth and rental income.
  • Excellent location on 90th Drive, one block east of Broadway Ave (SR-53), and nine blocks south of US Hwy 30, near Ameriplex and Broadway Methodist Hospital.
  • Strong leasing history with long-term tenants.
  • Suitable for general office or medical use, featuring ample parking and prominent signage.

Property Details for 101 90Th Dr

Property type
Office properties, Medical offices
Square Feet
12,429 SF
Year Built
1993
Units
3

Location Insight

City
Merrillville
County
Lake
State
Indiana
Latitude
41.4547251
Longitude
-87.3338091
101 90Th Dr, Merrillville, Indiana

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101 90Th Dr
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