1729 Commercial AveLowell, IN

  • Retail space
  • 7,560 SF
For Sale
$1,686,000 View listing

Property Details for 1729 Commercial Ave

Year built
1971
Construction
WOOD
Lot size
0.62 AC
Property size (Sq ft)
7,560 SF
Property type
Retail space
APN
45-19-24-452-025.000-008
APU
451924452025000008

Description

This exceptional investment opportunity presents two prime commercial buildings situated on a combined 0.88-acre lot in Lowell, Indiana's thriving B2 district. Located on East Commercial Avenue, this property benefits from high traffic volume and proximity to major retailers, ensuring strong visibility and accessibility. The larger building, spanning 7560 square feet, previously housed an Advance Auto Parts store, offering significant potential for redevelopment or repurposing. Its substantial size provides ample space for a variety of commercial uses. The second building, measuring 1560 square feet, is currently leased to a Subway restaurant, generating consistent rental income. This dual-building property offers a unique blend of immediate income potential and significant long-term growth prospects. The strategic location on Lowell's main commercial corridor, within a rapidly expanding community, makes this an attractive investment for both seasoned and emerging commercial property owners. The combined size and diverse potential uses of these buildings present a rare opportunity to acquire a significant commercial presence in a high-demand area. This property is priced at $1,686,000 and offers a compelling return on investment. Serious inquiries are encouraged.

1729 Commercial Ave, Lowell, Indiana

Location Insight

City
Lowell
County
Lake
State
Indiana
Latitude
41.2904
Longitude
-87.4
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$17,631
$276,100
$554,600
$830,700
-
$276,100
$554,600
$830,700

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