9111 BroadwayMerrillville, IN 46410

Property Details for 9111 Broadway

Year built

1987

Construction

WOOD

Lot size

1.84 AC

Property size (Sq ft)

21,200 SF

Property type

Office properties

APN

45-12-27-304-005.000-030

APU

451227304005000030

Description

This exceptional 1,550 square foot office suite, located at 9111 Broadway Suite Q in Merrillville, Indiana (zip code 46410), presents a fantastic opportunity for a single-tenant business. Situated in Lake County, this traditional office space boasts a highly desirable location on Broadway, ensuring high visibility and accessibility. The suite is in excellent, move-in condition and features 5-6 private offices, perfect for individual work or team collaboration. A well-equipped kitchenette provides convenience for staff, while a dedicated IT room ensures efficient technological operations. A welcoming reception and waiting area creates a professional first impression for clients and visitors. Ample on-site parking is available, eliminating parking hassles for employees and guests. The building's location is further enhanced by its proximity to a variety of popular coffee shops, restaurants, and other businesses, offering employees and clients numerous convenient amenities. The reasonable rental rates make this an attractive proposition for businesses seeking a cost-effective yet high-quality workspace in a thriving commercial area. This is a truly exceptional opportunity to establish or relocate your business in a prime Merrillville location.

• CAP approach

  CAP return

  Valuation

  6%

  $6,813,076

  6.5%

  $6,288,993

  7%

  $5,839,780

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,761,300

  Geo Method

  $2,761,300

• Alternative Use

  Use

  Valuation

  Residential

  $7,798,352

  Hospitality

  $7,143,248

  Educational

  $5,943,098

  Medical

  $6,147,490

  Retail

  $9,244,820

Location Insight

City

Merrillville

County

Lake

State

Indiana

Latitude

41.4531

Longitude

-87.3347

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].