6760 BroadwayMerrillville, IN 46410

Property Details for 6760 Broadway

Lot size

0.43 AC

Property type

Commercial land

APN

45-12-09-479-017.000-030

APU

451209479017000030

Description

This exceptional owner-user investment opportunity presents a 3,328 square foot retail bank building situated on a 1.72-acre lot in Merrillville, Indiana. The property, located at 6760 Broadway, boasts excellent visibility and high traffic counts, with 18,463 vehicles passing daily. The building itself is a masonry construction and features an ample asphalt parking lot, along with multiple drive-through lanes, catering to the needs of a busy financial institution. The property's strategic location directly across from Merrillville High School provides consistent foot traffic and visibility within the community. The sale includes four parcels comprising the total acreage, offering significant potential for expansion or future development. The asking price for this turnkey operation is $395,000. This is an ideal opportunity for a bank seeking a well-established location with high visibility and ample parking in a thriving Indiana community. The property's size and features make it suitable for a variety of financial services businesses. The combination of high traffic counts, convenient location, and substantial lot size makes this a rare and attractive investment opportunity. Don't miss out on this chance to acquire a prime retail property in a desirable location.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $12,830,000

  Retail / Commercial

  $6,517,190

  Mixed-Use / Specialty

  $6,445,100

  Hospitality / Lodging

  $4,664,970

  Office

  $6,355,940

  Institutional / Educational

  $6,682,850

  Residential Income

  $7,818,940

  Multifamily

  $9,648,410

  Automotive / Energy

  $5,728,160

  Parking / Income-Based Land

  $2,024,980

  Restaurant / Food Service

  $3,247,900

  Healthcare / Senior Housing

  $6,659,430

Location Insight

City

Merrillville

County

Lake

State

Indiana

Latitude

41.4951

Longitude

-87.3371

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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