8208 Kennedy AveHighland, IN 46322

Property Details for 8208 Kennedy Ave

Year built

1968

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

3,806 SF

Property type

Commercial real estate

APN

45-07-21-129-030.000-026

APU

450721129030000026

Description

This 2,123-square-foot free-standing retail building, located at 8208 Kennedy Avenue in Highland, Indiana, presents a compelling investment opportunity. Situated on a 0.14-acre lot, this single-tenant property boasts high visibility and strong traffic counts due to its prime location directly on Kennedy Avenue, just south of the 80-94 interchange. Previously used as a salon, the building offers ample space for a variety of retail uses. A dedicated parking lot provides convenient customer access. The property's proximity to the 80-94 expressway ensures easy access to Chicago, benefiting both customers and employees. Built in 1968, the building is zoned B1 and is located in Lake County, within the town of Highland, which had a population of 23,727 as of the 2010 census. This property is available for both sale and lease, offering flexibility for potential buyers and tenants. The building's features include high visibility, strong traffic counts, and convenient access to major transportation routes. This is an exceptional opportunity to acquire a well-located retail space in a thriving community.

• Alternative Use

  Use

  Valuation

  Residential

  $1,400,025

  Hospitality

  $1,282,415

  Educational

  $1,066,954

  Medical

  $1,103,649

  Retail

  $1,659,707

Location Insight

City

Highland

County

Lake

State

Indiana

Latitude

41.5644

Longitude

-87.4621

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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